RCII News and Press, Rent-A-Center Inc. From 02/04/21

For FY20, Rent-A-Center (RCII) provides prelim results wherein it estimates revenues to be ~$2.81B vs. prior guidance of $2.795 to $2.825B.Operating profit ((GAAP)) is seen between $234 to $241M.Net earnings and diluted earnings per share are expected to be in the range of $207 to $213M and $...

Rent-A-Center's (RCII) wholly-owned subsidiary, Radiant Funding, plans to offer $450M in principal amount of senior unsecured notes due 2029 in a private offering.Proceeds along with other company borrowings and new term loan facility to be used for financing the consideration required to eff...

Diluted EPS and Adjusted EBITDA Expected to be Ahead of Previous Guidance Rent-A-Center Business Fourth Quarter Same Store Sales up 13.7% Preferred Lease Fourth Quarter Invoice Volume up Approximately 25% Rent-A-Center, Inc. (the "Company" or "Rent-A-Center")...

Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII), today announced that its wholly-owned subsidiary, Radiant Funding SPV, LLC, intends, subject to market and other customary conditions, to offer $450 million in aggregate principal amount of senior unsecured notes...

Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII), a leader in the lease-to-own industry, today announced that, effective January 29, 2021, Mr. B.C. Silver has been elected to the Rent-A-Center Board of Directors (the “Board”) as a new independent d...

KeyBanc Capital Markets upgrades Rent-A-Center (RCII) to an Overweight rating from Sector Weight in a call that keys in on the Acima acquisition and strong writeoff trends."We are encouraged by the recently announced Acima acquisition, which should position RCII for accelerating growth and pr...

Rent-A-Center has more going for it than investors realize. It made an acquisition of Acima, which is not only big in size but is a huge pivot to its underlying strategy. I highlight how the stock is very likely to reprice at least 60% higher over the next 12 months. For fur...

New age Buy Now Pay Later companies are commanding incredible valuations after COVID-19. Rent-A-Center is a chain of lease to own stores with a 3rd party lease to own solution Progressive Dynamics. Its recent acquisition of Acima catapults RCII to become one of the largest lease t...

GameStop ([[GME]], +24%) is back sharply in the green, but who can say where it will end after a series of breathtaking moves so far that saw shares up 144% and also down for the day.Those peaks and valleys have brought volatility to ETFs holding the stock, which is now having outsize in...

Campaign Marks Company’s 18th Year Supporting Hunger Relief Employees at Rent-A-Center, Inc. (RAC) recently joined forces for their 18 th annual fundraiser to support North Texas Food Bank (NTFB), a nonprofit hunger-relief organization that provides access...