Here's Why You Should Add Rent-A-Center To Your Portfolio
Zacks Investment Research | Apr 08, 2019 10:14PM ET
Rent-A-Center, Inc. (NASDAQ:RCII) appears to be a solid bet, given its sturdy efforts to remain on the growth trajectory. Notably, the company is investing in enhancing the omni-channel platform as well as boosting the Acceptance Now business model and its Core U.S. segment. It is also striving to reduce costs.
We note that such endeavors drove fourth-quarter 2018 results, wherein both the top and the bottom line beat the Zacks Consensus Estimate for the third consecutive quarter. Also, earnings and sales improved year over year.
Driven by these upsides, shares of this Plano, TX-based company have increased approximately 20% in the past three months, against the Original post
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