secwatch.observer — SEC 8-K summary
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Issuer:     UPBOUND GROUP, INC. (UPBD)
CIK:        0000933036
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0000933036-25-000087
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upbound Q1 beats: revenue $1.18B, adj EPS $1.00; raises FY guide; CEO retiring June 1
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- Consolidated revenue $1,176.4M (+7.3% YoY); GAAP EPS $0.42; non-GAAP EPS $1.00 vs $0.79 YoY.
- Adj. EBITDA $126.1M (+15.6% YoY); raises FY2025 revenue midpoint to $4.60-4.75B and adj EPS to $4.00-4.40.
- Acima revenue $637.3M (+13.5% YoY, GMV +8.8%); Brigit revenue $31.9M with 35.9% adj EBITDA margin.
- Rent-A-Center revenue $489.0M (-4.9% YoY, same-store sales -2.0%); LCO rate improved to 4.6%.
- CEO Mitch Fadel retiring June 1, 2025; CFO Fahmi Karam to succeed. Net debt $1.4B, leverage 2.9x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933036/000093303625000087/0000933036-25-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933036/000093303625000087/upbd-20250501.htm
  HTML page:      https://secwatch.observer/filing/0000933036-25-000087

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