BNET Industries
Market Cap:$1.2B
Last Fiscal Year Sales:$2.8B
- Public
- US
Dow Jones Description
Our stores offer name-brand furniture, electronics, appliances and computers through flexible rental purchase agreements that generally let the customer obtain ownership of the merchandise at the conclusion of an agreed upon rental period. Many of our customers choose to rent merchandise for the short-term. We give same-day delivery, 90 days same as cash and an early purchase option. Should merchandise need repair while it is on rent, our 23 service centers across the country will provide service at no additional cost to the customer. We also give our customers a product substitute to use while their product is in service. Rent-A-Center provides an easy, affordable way for people to furnish their homes without incurring a continuing obligation or needing access to credit.
Number of Employees 17,900
Peer Companies
NAICS Code Consumer Electronics and Appliances Rental: 532210
Recent Events
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Rent-A-Centers profit up as sales decline
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Raymond James Initiates Coverage on Rent-A-Center RCII with a Market Perform
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ConsumerMan: Rent-a-Center ‘unfair’?
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Colortyme rides again: Gary Hughes and his associates relaunch rent-to-own firm in new Clarkston location
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Rent-A-Center Selects CyrusOne as Its Exclusive Data Center Provider
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Rent-A-Center quarterly earnings up 11.1%
News & Analysis
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rent-a-center inc. - All News and Analysis
Opportunities in the Rediscovered Layaway Culture
Seeking Alpha
- 2009-02-13
The Penny Sleuth submits: By Greg Guenther In today’s market, there’s plenty of pain to go around. In fact, a much-maligned retail tactic is making a comeback: layaway. by The Penny Sleuth
Aaron's Rents: Rare Opportunity for Share Price Appreciation in 2009
Seeking Alpha
- 2009-02-09
William Kabourek submits: Tough times are prosperous times for rent-to-own companies. Rent-to-own companies are low-end banks. They provide furniture, appliances, and electronics to those that have credit issues or are turned off by the established credit industry. Customers are generally lower income earners that know that they will get into...
Rent-A-Center Inc. Q4 2008 Earnings Call Transcript
Seeking Alpha
- 2009-02-03
Question-and-Answer SessionOperator Your first question comes from Arvind Bhatia - Sterne Agee. Arvind Bhatia - Sterne Agee Couple of questions, first I’m wondering if you can comment on the rentals being slightly weaker than you had projected. Is that the APU factor that you were talking about or there...
Aaron Rents Can Benefit from This Credit Environment
Seeking Alpha
- 2008-10-29
Ockham Research submits: In the search for stocks that have the potential to benefit from a protracted recession, we want to highlight an undervalued stock in the rent-to-own segment. Aaron Rents RNT, an Atlanta based company, was being pummeled Tuesday, down more than 16% as of this post. This...
Earnings Preview: Rent-A-Center
Seeking Alpha
- 2008-10-24
Rent-A-Center RCII is expected to report Q3 earnings after market close Monday, Oct. 27, with a conference call scheduled for Tuesday at 10:45 am. Guidance Analysts are looking for a profit of 48c on revenue of $700.15M. The consensus range is 45c to 50c for EPS, and revenue of $688.6M...
PowerShares Dynamic Retail ETF Finds Bargains in Discount Retailers
Seeking Alpha
- 2008-09-07
Don Dion submits: Despite an extended economic slowdown and poor consumer spending numbers, PowerShares Dynamic Retail Portfolio ETF PMR gained momentum over the summer. While some analysts believe that the worst is yet to come for retail, an increasing number of investors believe that some retailers are oversold...
Rent-A-Center, Inc. Q2 2008 Earnings Call Transcript
Seeking Alpha
- 2008-08-03
Question-and-Answer Session Operator Operator Instructions We will pause for just a moment to compile the Q&A roster. Your first question comes from Dennis Telzrow - Stephens, Inc. Dennis Telzrow - Stephens, Inc. Obviously I have a question on this new product here for Texas, I guess my...
Zacks Analyst Blog Highlights: Tractor Supply Co., Rent-A-Center Inc., Weatherford International Ltd, Baker Hughes, Inc. and National Oilwell Varco Inc
- 2008-07-25
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Tractor Supply Co. (Nasdaq: TSCO), Rent-A-Center Inc. (Nasdaq: RCII), Weatherford International...
Rent-A-Center, Inc. Q1 2008 Earnings Call Transcript
Seeking Alpha
- 2008-05-19
Question-and-Answer SessionOperator Your first question is from Dennis Telzrow of Stephens, Inc. Dennis Telzrow- Stephens, Inc. Mark, I guess the guidance on same-store for the second quarter is driven by more your thoughts about what merchandise sales will be, given you had such...
Rent-A-Center Q4 2007 Earnings Call Transcript
Seeking Alpha
- 2008-02-12
Question-and-Answer Session Operator Operator Instructions Your first question comes from Arvind Bhatia - Sterne, Agee & Leach. Arvind Bhatia - Sterne, Agee & Leach I was wondering if you can talk about the consolidation a little bit more; in particular, if you can and I don’t know...
