Rent-A-Center, Inc. (RCII) CEO Mitch Fadel on Q3 2021 Results - Earnings Call Transcript

Nov. 04, 2021 11:23 AM ETUpbound Group, Inc. (UPBD) StockUPBD
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Q3: 2021-11-03 Earnings Summary

EPS of $1.52 beats by $0.03
 | Revenue of $1.18B (65.90% Y/Y) beats by $2.78M

Rent-A-Center, Inc. (RCII) Q3 2021 Earnings Conference Call November 4, 2021 8:30 AM ET

Company Participants

Brendan Metrano - Vice President, Investor Relations
Mitch Fadel - Chief Executive Officer
Jason Hogg - Executive Vice President, Acima
Anthony Blasquez - Executive Vice President, Rent-A-Center Business
Maureen Short - Chief Financial Officer

Conference Call Participants

Bobby Griffin - Raymond James
John Rowan - Janney Montgomery Scott
Vincent Caintic - Stephens
Anthony Chukumba - Loop Capital Markets
Brad Thomas - KeyBanc Capital Markets
Kyle Joseph - Jefferies
Tim Vierengel - Northcoast Research
Carla Casella - JP Morgan

Operator

Good morning and thank you for holding. Welcome to Rent-A-Center's Third Quarter Earnings Conference Call. As a reminder, this conference is being recorded, Thursday, November 4, 2021.

I would now like to turn the conference over to Mr. Metrano. Please go ahead, sir.

Brendan Metrano

Thank you all for joining the Rent-A-Center team this morning to discuss our results for the third quarter of 2021. We issued our earnings release after the market closed yesterday, and hopefully you had a chance to review it. The release and all related materials, including a link to the live webcasts are available on our Web site at investor.rentacenter.com.

On the call today from Rent-A-Center, we have Mitch Fadel, our CEO; Jason Hogg, Executive Vice President of Acima; Anthony Blasquez, Executive Vice President of the Rent-A-Center Business Segment; and Maureen Short, CFO.

As a reminder, some of the statements provided on this call are forward-looking statements, which are subject to many factors that could cause actual results to differ materially and adversely from our expectations. These factors are described in our earnings release as well as in the company's SEC filings.

Rent-A-Center undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law. This call also

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