Rent-A-Center (RCII) Tops Q3 EPS by 1c, Offers Guidance

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

November 2, 2022 4:05 PM EDT

Total Revenue of $1.024 Billion

GAAP Diluted Loss per Share $0.10; Non-GAAP Diluted EPS $0.94

Cash From Operations $412 Million Year-to-Date; Free Cash Flow $363 Million Year-to-Date

Repurchased $75 Million of Shares During the Third Quarter and October

Company Provides Guidance for the Fourth Quarter of 2022

PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ: RCII) today announced results for the quarter ended September 30, 2022.

"Our third quarter results demonstrated the resilient nature... More