Rent-A-Center (RCII) Tops Q3 EPS by 8c, Revenues Beat; Raises FY20 Outlook

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Go back to Rent-A-Center (RCII) Tops Q3 EPS by 8c, Revenues Beat; Raises FY20 Outlook

Rent-A-Center, Inc. Reports Third Quarter 2020 Results

October 28, 2020 4:15 PM EDT

Increases Full Year Guidance; Consolidated Revenues of $712M, up 9.6%

Diluted EPS $1.15; Non-GAAP Diluted EPS $1.04, up 120.9%

Rent-A-Center Business Same Store Sales up 12.9%; e-Commerce sales up 71%

Preferred Lease Invoice Volume up 34.4%

PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII) today announced results for the quarter ended September 30, 2020.

Were very pleased with our third quarter performance, said Mitch Fadel, Chief Executive Officer. The changes weve made to support customers during this crisis have... More