Rent-A-Center (RCII) Tops Q1 EPS by 3c, Offers Guidance

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Go back to Rent-A-Center (RCII) Tops Q1 EPS by 3c, Offers Guidance

Rent-A-Center, Inc. Reports First Quarter 2022 Results

May 4, 2022 4:15 PM EDT

Total Revenues of $1.2 billion

Rent-A-Center Business Segment Lease Portfolio Value up 5.6% Year-over-Year

GAAP Loss Per Share of $0.08; Non-GAAP Diluted EPS of $0.74

Cash From Operations $205.3 million; Free Cash Flow of $188.9 million

Company Reiterates Full Year 2022 Guidance

PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ: RCII) today announced results for the quarter ended March 31, 2022.

"With the Rent-A-Center Business segment showing good momentum, highlighted by 22% 2-year same store sales growth, and... More