Upbound Group Inc (NAS:UPBD)
$ 29.2 -0.81 (-2.7%) Market Cap: 1.64 Bil Enterprise Value: 3.07 Bil PE Ratio: 20.55 PB Ratio: 2.68 GF Score: 83/100

Rent-A-Center Inc at Jefferies Consumer Conference Transcript

Jun 24, 2020 / 07:00PM GMT
Release Date Price: $25.21 (-2.85%)
Kyle M. Joseph
Jefferies LLC, Research Division - Equity Analyst

Good afternoon, and thank you for joining our fireside chat today. My name is Kyle Joseph, and I'm a part of the specialty finance research team at Jefferies. Along with my colleague, John Hecht, we cover the consumer finance space. I'm pleased to have with me today the management team of Rent-A-Center, including its CEO, Mitch Fadel; and its CFO, Maureen Short.

For those not familiar with the story, RCII is a leading provider in the lease-to-own industry. The company operates in 3 primary segments. The Rent-A-Center business, which is 2,100 stores in the U.S. and Mexico, along with the e-commerce platform. The second segment is Preferred Lease, the company's virtual lease-to-own segment, reflecting the combination of Acceptance Now and Merchants Preferred. And lastly, Rent-A-Center franchisees, which includes 370-plus franchise stores.

With that, I'll turn it over to the Rent-A-Center team to introduce themselves and the company before we kick off Q&A. And sorry, one last thing. For those on the webcast that have

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot