secwatch.observer — SEC 8-K summary
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Issuer:     UPBOUND GROUP, INC. (UPBD)
CIK:        0000933036
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000933036-24-000177
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upbound Group Q3 revenue up 9.2% to $1.07B; Non-GAAP EPS $0.95 beats $0.79; FY guidance tightened upward
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- Consolidated revenue $1,068.9M (+9.2% YoY); GAAP EPS $0.55 vs $0.08; Non-GAAP EPS $0.95 vs $0.79.
- Acima GMV grew 13% YoY to $436.1M; segment revenue up 19.1% to $566.2M; LCO improved to 9.2%.
- Rent-A-Center same-store sales up 2.6% for second consecutive quarter; segment revenue $458.7M (+1.1% YoY).
- FY 2024 guidance tightened: revenue $4.20-$4.30B; Adj. EBITDA ex SBC $470-$480M; Non-GAAP EPS $3.75-$3.90.
- Adjusted EBITDA $116.9M (+10.3% YoY); free cash flow $88.3M; liquidity ~$600M at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933036/000093303624000177/0000933036-24-000177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933036/000093303624000177/upbd-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000933036-24-000177

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