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Rent-A-Center Inc (RCII)

Rent-A-Center Inc (RCII)
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Rent-A-Center, Inc. is the largest rent-to-own operator in the U.S., offering durable goods like consumer electronics, appliances, computers, furniture and accessories. Its products are offered under flexible rental-purchase agreements that typically allow the customer to obtain ownership of the merchandise on the conclusion of an agreed-upon rental period. Rent-A-Center Business segment operates through company-owned lease-to-own outlets across the U.S. & Puerto Rico and e-commerce platform, rentacenter.com. The company provides merchandise on an installment sales basis across some of its stores under the names Get It Now and Home Choice. Acima segment operates in the U.S. & Puerto Rico, and includes the operations of Acima and Preferred Lease virtual and staffed locations. Mexico segment comprises company-owned lease-to-own store locations in Mexico. Franchising segment's basic source of revenue comprises the sale of rental merchandise to its franchisees.
(Values in U.S. Thousands) Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021
Sales 990,460 1,023,960 1,071,260 1,159,720 1,171,430
Sales Growth -3.27% -4.42% -7.63% -1.00% -0.83%
Net Income 2,650 -5,780 19,730 -4,240 9,810
Net Income Growth +145.85% -129.30% +565.33% -143.22% -53.88%
(Values in U.S. Thousands) Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021
Total Assets 2,763,620 2,768,600 2,767,130 2,777,120 2,993,330
Total Assets Growth -0.18% +0.05% -0.36% -7.22% -1.98%
Total Liabilities 2,238,470 2,220,430 2,208,300 2,254,060 2,480,050
Total Liabilities Growth +0.81% +0.55% -2.03% -9.11% +12.75%
(Values in U.S. Thousands) Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021
Operating Cash Flow 412,080 287,120 205,290 392,300 326,200
Operating Cash Flow Growth +43.52% +39.86% -47.67% +20.26% +30.21%
Net Cash Flow 57,290 3,840 -12,650 -51,120 -620
Change in Net Cash Flow +1,391.93% +130.36% +75.25% -8,145.16% +95.69%
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