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RENT-A-CENTER INC (RCII)

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Business Summary
Provides consumer goods on rental purchase arrangements

Rent-A-Center, Inc. provides an easy, affordable way for people to furnish their homes without incurring a continuing obligation and without needing access to credit.

Its stores generally offer high quality durable products such as major consumer electronics, appliances, computers, and furniture and accessories under flexible rental purchase agreements that typically allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period.

The company operates its business through the following segments: Core U.S., Acceptance Now, International and Franchising.

The Core U.S. segment primarily operates rent-to-own stores in the United States and Puerto Rico.

The Acceptance Now segment provides an on-site rent-to-own option at a third-party retailer's location.

The International segment consists of the company-owned store locations in Canada and Mexico.

Rent-A-Center was founded by Mark E. Speese on September 16, 1986 and is headquartered in Plano, TX.

Number of employees : 22 200 persons.
Sales per Businesses
20132014Delta
USD (in Million)%USD (in Million)%
Core U.S.2,50880.8%2,41576.5% -3.84%
Acceptance Now502.0416.2%644.8520.4% +22.15%
Mexico58.451.9%72.202.3% +19.05%
Franchising36.201.2%26.080.8% -38.78%
Corporate-----
Sales per Regions
20132014Delta
USD (in Million)%USD (in Million)%
United States3,04698.1%3,07597.4% +0.96%
Mexico47.171.5%72.202.3% +34.67%
Canada11.280.4%10.210.3% -10.47%
Managers
NameAgeSinceTitle
Robert Dale Davis MBA, CPA441993Chief Executive Officer & Director
Mitchell E. Fadel572000President & Chief Operating Officer
Mark E. Speese571986Chairman
Guy J. Constant, MBA502014Chief Financial Officer, Treasurer & EVP-Finance
Herman Nell--Chief Information Officer
Christi M. Liebe--Chief Technology Officer
Michael J. Gade, MBA632005Independent Director
Leonard H. Roberts652006Independent Director
Jeffrey M. Jackson, MBA592007Independent Director
Paula Stern, PhD682008Independent Director
Shareholders
NameShares%
Fidelity Management & Research Co. 7,766,121 14.6%
Dimensional Fund Advisors LP 4,462,362 8.42%
BlackRock Fund Advisors 3,909,451 7.37%
The Vanguard Group, Inc. 3,109,191 5.86%
Adage Capital Management LP 2,473,251 4.66%
SSgA Funds Management, Inc. 2,146,249 4.05%
Westwood Management Corp. (Texas) 1,936,935 3.65%
Artisan Partners LP 1,902,822 3.59%
Northern Trust Investments, Inc. 1,823,040 3.44%
BWM AG 1,706,243 3.22%
Sector
Consumer Cyclicals
Retailers
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Company contact information
Rent-A-Center, Inc.
5501 Headquarters Drive
Plano, TX 75024

Phone : +1.972.801.1100
Fax : +1.866.260.1424
Web : www.rentacenter.com
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