As supply-chain snarls ease up for big firms, Covid-19 lockdowns mean reduced sales and tighter margins for companies
Dan Wieden attends the Ghetto Film School Annual Benefit Gala Celebrating Cinematic Education at The Standard Hotel on June 13, 2012 in New York City. Stephen Lovekin/Getty…
Dan Wieden cofounded the famous ad agency Wieden and Kennedy, which was behind award-winning commercials, and dreamed up Nike''s "Just Do It."
Nike is starting to feel the pressure.
NIKE had its price target reduced by Credit Suisse Group from $124.00 to $110.00 in a report issued on Friday morning, The Fly reports. Credit Suisse Group currently has an…
Cruise stocks fell after CCL issued its quarterly results. NKE and RCII also dropped on earnings news. FXLV surged on a takeover offer.
These are the stocks posting the largest moves in midday trading.
"You Will Rent Nothing And You Will Be Happy": Rent-A-Center Crashes After Pulling Guidance Due To Collapsing "Economic Conditions" How bad is it out there? So bad Americans can''t even afford to rent any more, or as Biden would put it: "the strongest economic recovery in recent history." My first two years in office spurred the strongest economic recovery in recent history. Today, I''m releasing my Economic Blueprint, a look at how our wins are rebuilding an economy that works for working families. https://t.co/eSlr3ymdo8 It''s long. So here are the big things: — President Biden (@POTUS) September 9, 2022 In addition to the previously discussed implosion at Nike, whose stock is getting crushed by the bullwhip effect sending inventories soaring as US consumers hit a recession brick wall, a middle-American staple is getting hammered even harder: yes, Rent-A-Center is down as much as 20% today… ... one of its biggest one-day drops on record, which has pushed the stock back to April 2020 levels.
Rent-A-Center (RCII) stock extended losses on Friday, dropping ~14% before the bell, after the rent-to-own firm reduced its Q3 forecast.RCII said retail traffic and customer…
Rent-A-Center, Inc. (NASDAQ/NGS: RCII), a leading provider of technology driven, flexible, no debt obligation leasing solutions for consumers, today announced that Mr. Fahmi Karam, currently Chief Financial Officer of Santander Consumer USA, will join the Company as Executive Vice President - Chief Financial Officer effective October 31, 2022. The Company also announced that its current Executive
Recent figures show declining sales and earnings per share. Acima performed poorly. The stock valuation metrics show a favorable picture. Read more here.
Friday marks the last chance for investors to receive the next dividend payout from Rent-A-Center (NASDAQ: RCII ). What''s Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 34 cents per share. On Monday, Rent-A-Center will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will … Full story available on Benzinga.com
Rent-A-Center (RCII) declares $0.34/share quarterly dividend, in line with previous.
Rent-A-Center, Inc. (NASDAQ/NGS:RCII), a leading provider of technology driven, flexible, no debt obligation leasing solutions for consumers, today announced that its Board of Directors has approved a quarterly cash dividend of $0.34 for the fourth quarter of 2022. The dividend will be paid on October 25, 2022, to the Company’s common stockholders of record as of the close of business on October