Rent-A-Center (RCII) Tops Q1 EPS by 9c

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Rent-A-Center, Inc. Reports Strong First Quarter 2020 Results

May 6, 2020 4:30 PM EDT

Consolidated Revenues of $702M, up 0.8%

Diluted EPS $0.88; Non-GAAP Diluted EPS $0.67, up 14.6%

Rent-A-Center Business Same Store Sales up 1.7%; Two-Year Same Store Sales up 7.5%

Preferred Lease Revenues of $216M, up 10.0%

Declares Dividend of $0.29 per Share

PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII) today announced results for the quarter ended March 31, 2020.

Rent-A-Center remains committed to helping our customers navigate the financial challenges... More