Rent-A-Center, Inc. Provides Earnings Guidance for the Second Quarter of 2022 and Fiscal 2022
May 04, 2022 at 04:15 pm EDT
Share
Rent-A-Center, Inc. provided earnings guidance for the second quarter of 2022 and fiscal 2022. For the second quarter of fiscal 2022, the company expects revenue of $1.045 - $1.075 billion, non GAAP diluted EPS of $0.95 - $1.10.
For the year, the company expects revenue of $4.450 - $4.600 billion, non GAAP diluted EPS of $4.50 - $5.00.
Upbound Group, Inc. is a lease-to-own provider with operations in the United States, Puerto Rico, and Mexico. The Company operates through four segments: Acima, Rent-A-Center, Mexico, and Franchising. Acima segment generally offers lease-to-own transactions to consumers who do not qualify for traditional financing. Rent-A-Center Business segment consists of the Company-owned lease-to-own stores in the United States and Puerto Rico. The segment operates 1,839 company owned stores in the United States and Puerto Rico, including 52 retail installment sales stores under the names Get It Now and Home Choice. The segment operates approximately 131 stores in Mexico. The stores in its Franchising segment use its Rent-A-Center, ColorTyme or RimTyme trade names, service marks, trademarks, and logos. The segment franchises approximately 440 stores in 30 states operating under the Rent-A-Center (392 stores), ColorTyme (18 stores) and RimTyme (37 stores) trade names.
UPBOUND GROUP, INC. 
