Rent-A-Center, RCII, is undeniably the most successful operator in the Rent-To-Own segment for the last two decades. The company's acquisition-growth strategy implemented in 1993 took slightly over a decade to consolidate a vast majority of its' smaller and lesser profitable competitors. The roll-up strategy occurred in approximately 200 separate transactions beginning in 1993 and by 2006 the number of rent-to-own stores had grown from 27 to over 3400, generating revenue of over $7 billion. By 2009 they had reported an increase of over $2.5 billion over a ten year period. Unfortunately, as the company prepares to release 2013 year-end earnings investors will finally get a clear picture of the true cost of this inorganic growth. Although management already deemed this...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|
|PRO Top long ideas returned 21.7% in 2016**|