Robust same-store sales and contributions from the buyout of Merchants Preferred aided Rent-A-Center's (RCII) second-quarter 2020 results.
PLANO, Texas (AP) _ Rent-A-Center Inc. (RCII) on Wednesday reported second-quarter profit of $38.5 million.
--Diluted EPS $0.70; Non-GAAP Diluted EPS $0.80, up 33%
Adverse impacts of the coronavirus pandemic might show on Wolverine's (WWW) second-quarter 2020 performance.
Rent-A-Center (RCII) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rent-A-Center (RCII) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Though impacts from COVID-19 are likely to have marred V.F. Corp's (VFC) Q1 results, solid digital sales and store reopening efforts might have provided some cushion.
Snap-On's (SNA) Q2 results are likely to reflect adverse impacts of COVID-19 and foreign currency translation. However, benefits from a robust business model and growth strategies bode well.
Persistent softness across the wholesale business and higher operating expenses might have shown on Steven Madden's (SHOO) second-quarter 2020 results.
SmarTrend identified an Uptrend for Rent-A-Center (NASDAQ:RCII) on April 8th, 2020 at $17.24. In approximately 3 months, Rent-A-Center has returned 55.57% as of today's recent price of $26.82.
Deckers (DECK) is witnessing softness across its Sanuk brand for a while. This along with any deleverage in SG&A cost might have shown on its first-quarter fiscal 2021 results.
Supply-chain disruptions stemming from COVID-19 crisis and dismal margins are likely to have affected Carter's (CRI) Q2 results. However, solid e-commerce business acts as a cushion to the stock.
Steven Madden's (SHOO) sluggish wholesale business remains concerning. Also, it witnesses higher operating expense for a while.
Solid demand for home and kitchen products along with cost-cutting efforts is likely to have aided Whirlpool's (WHR) Q2 performance.
Rent-A-Center's (RCII) Preferred Lease segment bode well for future growth. Also, its e-commerce enhancement initiatives are encouraging.
Zacks.com featured highlights include: Laboratory Corporation of America, SpartanNash Company, B&G Foods, QIAGEN and Rent-A-Center
SmarTrend identified an Uptrend for Rent-A-Center (NASDAQ:RCII) on April 8th, 2020 at $17.24. In approximately 3 months, Rent-A-Center has returned 54.81% as of today's recent price of $26.69.
Investors target stocks that display a bullish run. Stocks seeing price strength have a high chance of carrying the momentum forward.
Wolverine's (WWW) e-commerce business coupled with its diversified global business model displays strength.
Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII) today announced a partnership with ChargeAfter that will allow retailers to add the "Preferred Lease" lease-to-own option to ChargeAfter's...