Rent-A-Center (RCII) Tops Q4 EPS by 1c

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

February 24, 2021 4:30 PM EST

Consolidated Revenues of $716M, up 7.3%

Diluted EPS $1.00; Non-GAAP Diluted EPS $1.03, up 77.2%

Provides 2021 Guidance Reflecting Approximately 30% Anticipated Accretion from Acima Acquisition

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

This past year was pivotal for Rent-A-Center," said Mitch Fadel, Chief Executive Officer. "Strong performance in our Rent-A-Center business and growth in the retail partner channel drove record revenues and earnings despite operational challenges from the... More