Rent-A-Center, Inc. Provides Consolidated Earnings Guidance for the First Quarter and Full Year 2022
February 23, 2022 at 04:17 pm EST
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Rent-A-Center, Inc. provided consolidated earnings guidance for the first quarter and full year 2022. For the quarter, the company expects revenue to be in the range of $1.125 billion - $1.155 billion.
For the year, the company expects revenue to be in the range of $4.450 billion - $4.600 billion.
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. 
