UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38047 Upbound Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employ ...

Upbound Group, Inc. (NASDAQ:UPBD) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Jeff Chesnut - Head of Investor Relations Mitch Fadel - Chief Executive Officer Fahmi Karam - Chief Financial Officer Conference Call Participants Bobby Griffin - Raymond James Brad Thomas - KeyBanc Capital Markets Hoang Nguyen - TD Cowen Derek Sommers - Jefferies Alex Fuhrman - Craig-Hallum Capital Group. Anthony Chukumba - Loop Capital Markets Operator Good day, and thank you for standing by. Wel ...

™ • Cash flow from operations of $45.4 million and Free Cash Flow1 of $33.6 million, compared to $105.4 million and $95.9 million in the prior year period May 2, 2024 Use of Non-GAAP Financial Measures Note that all sources in this presentation are from Company reports and Company estimates unless otherwise noted. • Consolidated revenues of $1,096.0 million, +7.9% y/y • Diluted EPS of $0.50, compared to diluted earnings per share of $0.84 in the prior year period • Consolidated revenue increased y/y and seq ...

upbound " Upbound Group, Inc. Earnings Release May 2, 2024 First Quarter 2024 Results & Key Metrics $0.79 28M 60.50 Adiuster Total GAAF Non-GAAP Net Earnings EBITDA Revenue Diluted EPS1 Diluted FPS Exceeds Mid-Point of Targets for Q1 Revenue, Growth Momentum Continues: Revenue, Acima GMV, Adjusted EBITDA, and Non-GAAP Diluted EPS and Rent-A-Center U.S. Same Store Sales Increase Y/Y First Quarter Consolidated Results upbound (1)Non-GAAP financial measure. Refer to the explanations and reconciliations elsewhe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38047 Upbound Group, Inc. (Exact name of registrant as specified in its charter) Delaware 45-0491516 (State or other jurisdiction of ...

Upbound Group, Inc. (NASDAQ:UPBD) Q4 2023 Results Conference Call February 22, 2024 9:00 AM ET Company Participants Jeff Chesnut - Head of Investor Relations Mitch Fadel - Chief Executive Officer Fahmi Karam - Chief Financial Officer Conference Call Participants Kyle Joseph - Jefferies Bobby Griffin - Raymond James Bradley Thomas - KeyBanc Capital Markets Anthony Chukumba - Loop Capital Markets Alex Fuhrman - Craig-Hallum Hale Holden - Barclays Operator Good day and thank you for standing by. Welcome to the ...

upbound" Fourth Quarter & 2023 Earnings February 22, 20 home choice Get It Now! (7) a mejo Franchising International, Inc. Disclosures Forward-Looking Statements This communication contains forward-looking statements within the measing of the Private Securities Liligation Reform Act of 1995, including, among others, statements rega with respect to our operations, financial position and business strategy. Such forward-looking statements generally can be identlied by the use of forward-looking terminolo l'int ...

Upbound Group, Inc. (NASDAQ:UPBD) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Brendan Metrano - Head of Investor Relations Mitchell Fadel - Chief Executive Officer Fahmi Karam - Executive Vice President and Chief Financial Officer Conference Call Participants Bobby Griffin - Raymond James Bradley Thomas - KeyBanc Capital Markets Jason Haas - BofA Securities Vincent Caintic - Stephens Inc. Kyle Joseph - Jefferies John Rowan - Janney Montgomery Scott Alex Fuhrman - Cr ...

For the quarterly period ended September 30, 2023 or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Delaware 45-0491516 5501 Headquarters Drive Plano, Texas 75024 (Address, including zip code of registrant's principal executive offices) Registrant's telephone number, including area code ...

Financial Data and Key Metrics Changes - The company reported Q2 2023 revenue of $979 million, exceeding internal expectations, with adjusted EBITDA of $130.6 million and non-GAAP EPS of $1.11, both above expectations [4][22] - Consolidated revenue decreased by 8.6% year-over-year, with Acima down 12.4% and Rent-A-Center down 4.9% [22] - Consolidated gross margin increased by 200 basis points year-over-year to 51.7%, driven by improvements in the Acima segment [23] - Adjusted EBITDA margin improved to 13.3%, up approximately 130 basis points year-over-year [24] Business Line Data and Key Metrics Changes - Rent-A-Center's same-store sales decreased by 4.9% year-over-year, an improvement from a 6.6% decline in Q1 [12] - Acima's GMV decreased by 5.8% year-over-year, but showed a significant improvement from a 12.6% decline in Q1 [13] - Acima's adjusted EBITDA increased by 46.8% year-over-year, with a margin of 16.8%, the highest since acquiring Acima [30] Market Data and Key Metrics Changes - Web traffic for Rent-A-Center grew by 32% year-over-year, with e-commerce accounting for approximately 26% of Q2 revenues [12] - The company noted a tightening of credit conditions, which is expected to increase trade-down behavior among consumers [17] Company Strategy and Development Direction - The company aims to enhance its digital business and has added more merchants to the Acima marketplace [7] - A strategic partnership with Genesis Financial Solutions was announced to provide credit solutions for underserved consumers, expected to ramp up by the end of 2024 [8][9] - The company provided a three-year financial outlook projecting annualized revenue growth of 6% to 8% and adjusted EBITDA growth of 8% to 10% [11] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the company's prospects for the second half of the year, while acknowledging ongoing financial headwinds affecting less affluent households [5][16] - The company is focused on managing risks due to uncertainty in the market and the pressure on consumer spending [17][38] Other Important Information - The company raised its full-year 2023 guidance for non-GAAP EPS to a range of $3.25 to $3.55, up from a previous range of $2.70 to $3.20 [5] - Free cash flow for Q2 was $25 million, down from $67 million in the prior year [25] Q&A Session Summary Question: Can you unpack the trade-down behavior observed? - Management noted that trade-down behavior is evident through rising credit scores, indicating higher quality customers, and expects this trend to potentially accelerate during the holiday season [40][41] Question: What are the implications of the current unique customer behavior on future performance? - Management clarified that the current lower percentage of customers exercising early payouts is returning to pre-pandemic levels, and they do not expect a significant reversal in this trend [42][43] Question: How is the health of the underlying consumer across segments? - Management indicated that consumers have adjusted to inflationary pressures, with improvements in delinquency and loss rates observed [46][47] Question: What is the status of the retail partner pipeline for Acima? - Management reported ongoing growth in regional partnerships and optimistic discussions with larger national retailers, although no major national wins have been finalized yet [51][53] Question: What are the capital allocation priorities moving forward? - The company prioritizes debt reduction and reinvestment in the business, with opportunistic share repurchases considered as conditions allow [54][55]