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Rent-A-Center is an American public furniture and electronics rent-to-own company based in Plano, Texas. [3] The company was incorporated in 1986 and as of 2014 operates approximately 2,972 company-owned stores in the United States, Puerto Rico and Mexico, accounting for approximately 35% of the rent-to-own market in the United States based on store count.
Rent-to-own chain Rent-A-Center may, at first glance, look like an attractive business to own. It assumes recurring, predictable cash flows as the company effectively makes high-interest loans and ...
Furniture and electronic goods rent-to-own retailer Rent-A-Center Inc (NASDAQ: RCII ) terminated a merger agreement with Vintage Capital Management, which prompted an immediate sell-off in the stock.
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Rent a center uses a 2x minimum markup formula on all of its rental items unless it is a damaged or discontinued item for example if a tv costs 250.00 it would be marked up to 500.00.So it is safe to say that the minimum mark up on Rac items is 2x and in some cases possibly more.
Rent-A-Center (NAS: RCII) hasn't been able to establish an earnings trend, bouncing between beating and falling short of estimates during the past fiscal year. The company will unveil its latest ...
Rent-A-Center (NAS: RCII) reported earnings on Jan. 30. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended Dec. 31 (Q4), Rent-A-Center met expectations on revenues ...
Rent-A-Center is an operator. Investors never know what to expect for Rent-A-Center (NAS: RCII) , as it has wavered between topping and missing analysts estimates during the past fiscal year. The ...