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Rent-A-Center jumps after strong earnings

Apr. 28, 2015 2:18 PM ETUpbound Group, Inc. (UPBD) StockUPBDBy: Clark Schultz, SA News Editor
  • Rent-A-Center (RCII +10.9%) makes a strong move higher after beating on both lines of its Q1 report.
  • Comparable-store sales for the Acceptance Now program jumped 34.1% during the period with a new 90-day pricing option helping to lift demand.
  • Shares of RCII poked their heads over $30 for the first time since February.
  • Previously: Rent-A-Center beats by $0.02, beats on revenue (Apr. 27 2015)

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