secwatch.observer — SEC 8-K summary
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Issuer:     UPBOUND GROUP, INC. (UPBD)
CIK:        0000933036
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0000933036-23-000170
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upbound Q3 revenue $979M; non-GAAP EPS $0.79; raises FY2023 guidance
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- Consolidated revenue $979.1M (-4.4% YoY); GAAP diluted EPS $0.08 vs $(0.10) prior year.
- Adjusted EBITDA $106.0M (-7.8% YoY); margin 10.8% vs 11.2% prior year.
- Non-GAAP diluted EPS $0.79 vs $0.94 prior year; FY2023 guidance raised: revenue $3.95-$4.00B, adj. EBITDA $450-$460M, non-GAAP EPS $3.45-$3.55.
- Rent-A-Center revenue -4.2% YoY; skip-stolen loss rate improved to 4.3% from 5.8%.
- Acima GMV -1.4% YoY; adjusted EBITDA margin 15.3% vs 12.6% prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933036/000093303623000170/0000933036-23-000170-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933036/000093303623000170/upbd-20231102.htm
  HTML page:      https://secwatch.observer/filing/0000933036-23-000170

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