Rent-A-Center (RCII) Tops Q2 EPS by 20c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus
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Rent-A-Center, Inc. Reports Second Quarter 2020 Results
August 5, 2020 4:15 PM EDTConsolidated Revenues of $684M, up 4.2%
Diluted EPS $0.70; Non-GAAP Diluted EPS $0.80, up 33%
Rent-A-Center Business Same Store Sales up 7.8%; Two-Year Same Store Sales up 13.4%
Preferred Lease Invoice Volume up 25%
PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII) today announced results for the quarter ended June 30, 2020.
Second quarter performance significantly exceeded expectations," said Mitch Fadel, Chief Executive Officer. We called on every part of the organization to meet the immediate... More
