Upbound Reports Q3 2024 Earnings with Revenue Growth and Margin Improvements
Upbound (UPBD) reported Q3 2024 earnings with consolidated revenue of $1.1 billion, a 9.2% year-over-year increase. Adjusted EBITDA rose 10.3% to $116.9 million, and non-GAAP EPS grew 20% to $0.95. The company saw improvements in Acima's GMV and lease charge-off rates, though Rent-A-Center faced challenges with its lease charge-off rate and store closures.
Tickers: $UPBD
Topics: charge-off rates earnings EBITDA franchise sales non-GAAP EPS revenue growth store closures