Rent-A-Center (RCII) Tops Q1 EPS by 27c
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Rent-A-Center, Inc. Reports First Quarter 2019 Results
May 6, 2019 4:15 PM EDTRent-A-Center Reports Solid Earnings and Cash Flow in the First Quarter
Increases 2019 Guidance
PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII) today announced results for the quarter ended March31, 2019.
"The execution of our plan continues to drive top line growth with a consolidated same store sales increase of 6.8 percent for the quarter. This increase, along with the realization of our cost optimization strategy, is driving a significant improvement in adjusted EBITDA. Our cash position increased due to the strong performance, resulting in net debt... More
