secwatch.observer — SEC 8-K summary
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Issuer:     UPBOUND GROUP, INC. (UPBD)
CIK:        0000933036
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0000933036-22-000172
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rent-A-Center Q3 revenue down 13.3% to $1.024B; non-GAAP EPS $0.94
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- Q3 revenue $1.024B (-13.3% YoY); GAAP diluted loss $0.10/share; non-GAAP EPS $0.94 (vs $1.52).
- Adjusted EBITDA $115M (-34.6% YoY); margin 11.2% vs 14.9% prior year.
- Acima GMV fell 23% YoY; Rent-A-Center same-store sales -5.3%; skip/stolen losses up in both segments.
- Q4 2022 guidance: revenue $0.975B-$1.025B, non-GAAP EPS $0.65-$0.85, Adj. EBITDA $95M-$110M.
- Repurchased $75M of shares during Q3 and Oct (3.537M shares at avg $21.21).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933036/000093303622000172/0000933036-22-000172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933036/000093303622000172/rcii-20221102.htm
  HTML page:      https://secwatch.observer/filing/0000933036-22-000172

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer