Does Rent-a-Center make money?
Frighteningly, incomes for some groups are far lower. For instance, the Average Household Income for African-American families was $40,496 in 2018, data from Black Demographics indicates.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Frighteningly, incomes for some groups are far lower. For instance, the Average Household Income for African-American families was $40,496 in 2018, data from Black Demographics indicates.
Read MoreIncome inequality should be a blessing for companies like Rent-A-Center because it should provide them with more customers. Unfortunately, that does not seem to be the case because Rent-A-Center’s revenues are in free-fall.
Read MoreDividends are the icing on the cake, not the desert itself. There are plenty of horrendous companies out there that pay great dividends.
Read MoreIncome inequality is definitely increasing Rent-A-Center’s customer base, but it is not helping the company make any money. Instead, its latest earnings report from December 31, 2015, tells a tale of impending disaster.
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