Company Description
Upbound Group, Inc. leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico.
It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels.
It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories.
It also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for traditional financing, the lease to-own transaction through staffed or unstaffed kiosks located in third-party retailer's locations, and other virtual options.
It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and company-owned stores and e-commerce platform through rentacenter.com.
The company was formerly known as Rent-A-Center, Inc. and changed its name to Upbound Group, Inc. in February 2023.
Upbound Group, Inc. was founded in 1960 and is based in Plano, Texas.
| Country | United States |
| Founded | 1986 |
| IPO Date | Jan 25, 1995 |
| Industry | Software - Application |
| Sector | Technology |
| Employees | 12,970 |
| CEO | Mitchell E. Fadel |
Contact Details
Address: 5501 Headquarters Drive Plano, Texas 75024 United States | |
| Phone | 972-801-1100 |
| Website | upbound.com |
Stock Details
| Ticker Symbol | UPBD |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000933036 |
| ISIN Number | US76009N1000 |
| Employer ID | 45-0491516 |
| SIC Code | 7359 |
Key Executives
| Name | Position |
|---|---|
| Mitchell E. Fadel | Chief Executive Officer and Director |
| Fahmi Karam | Executive Vice President and Chief Financial Officer |
| Bryan J. Pechersky | Executive Vice President, General Counsel and Corporate Secretary |
| Transient C. Taylor | Executive Vice President and Chief Human Resources and Diversity Officer |
| Sudeep Gautam | Chief Technology and Digital Officer |
| Michael Santimaw | Senior Vice President and Chief Information Officer |
| John Jeffrey Chesnut | Senior Vice President of Strategy and Corporate Development and Head of Investor Relations |
| Ann L. Davids | Executive Vice President, Chief Customer and Marketing Officer |
| James York | Senior Vice President of Rent-A-Center East |
| Daniel B. O'Rourke | Senior Vice President Finance and Real Estate |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 5, 2024 | PRE 14A | Other preliminary proxy statements |
| Apr 5, 2024 | 8-K | Current Report |
| Mar 14, 2024 | 144 | Filing |
| Feb 28, 2024 | 144 | Filing |
| Feb 27, 2024 | 8-K | Current Report |
| Feb 27, 2024 | 10-K | Annual Report |
| Feb 23, 2024 | 8-K/A | [Amend] Current report |
| Feb 22, 2024 | 8-K | Current Report |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |