Upbound Q4 revenue +6% to $1.08B; non-GAAP EPS $1.05; CEO Fadel to retire June 1, Karam named successor

UPBOUND GROUP, INC.

2024-FY EPS reported $2.21 revenue$4,320,564,000

Q4 consolidated revenue $1,079M (+6.0% YoY); GAAP diluted EPS $0.55, non-GAAP diluted EPS $1.05.
Full-year 2024 revenue $4.32B (+8.2%); GAAP EPS $2.21, non-GAAP EPS $3.83.
FY2025 guidance: revenue $4.50-4.75B, non-GAAP EPS $3.90-4.40, adj. EBITDA (ex SBC) $500-540M.
CEO Mitch Fadel retiring effective June 1, 2025; current CFO Fahmi Karam appointed as CEO and to the Board.
Acquired fintech Brigit in early 2025; annual dividend raised 5% to $1.56/share.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Mitchell E. Fadel

Chief Executive Officer and Director

UPBD · UPBOUND GROUP, INC.

Effective: 2025-06-01
Successor: Fahmi Karam
Filed: February 20, 2025, 6:59 PM ET

Mr. Mitchell E. Fadel will retire as Chief Executive Officer of the Company and as a member of the Board of Directors of the Company (the “Board”), effective June 1, 2025

Role change

Fahmi Karam

Chief Executive Officer and Director

UPBD · UPBOUND GROUP, INC.

Effective: 2025-06-01
Filed: February 20, 2025, 6:59 PM ET

the Company has appointed Mr. Fahmi Karam to succeed Mr. Fadel as Chief Executive Officer of the Company and a member of the Board, effective as of the Transition Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mitchell E. Fadel retired as Chief Executive Officer and Director at UPBOUND GROUP, INC..

Action: retired
Role: Chief Executive Officer and Director

Exact text from the filing

Mr. Mitchell E. Fadel will retire as Chief Executive Officer of the Company and as a member of the Board of Directors of the Company (the “Board”), effective June 1, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Fahmi Karam was appointed as Chief Executive Officer and Director at UPBOUND GROUP, INC..

Action: appointed
Role: Chief Executive Officer and Director

Exact text from the filing

the Company has appointed Mr. Fahmi Karam to succeed Mr. Fadel as Chief Executive Officer of the Company and a member of the Board, effective as of the Transition Date.

View on SEC.gov

UPBOUND GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001104659-25-015439

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