Rent-A-Center, Inc. Reports Second Quarter 2019 Results
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Rent-A-Center (RCII) Tops Q2 EPS by 5c; Offers FY19 EPS/Revenue Guidance
August 7, 2019 4:52 PM EDTRent-A-Center (NASDAQ: RCII) reported Q2 EPS of $0.60, $0.05 better than the analyst estimate of $0.55. Revenue for the quarter came in at $641.04 million versus the consensus estimate of $641.94 million.
"Another solid quarter of results on both the top and bottom lines proves the execution of our strategic plan has been a success. Consolidated same stores sales increased 5.8 percent and our value proposition changes together with cost savings initiatives continue to drive strong EBITDA... More
