Rent-A-Center Inc at Jefferies Consumer Conference Transcript
Good afternoon, and thank you for joining our fireside chat today. My name is Kyle Joseph, and I'm a part of the specialty finance research team at Jefferies. Along with my colleague, John Hecht, we cover the consumer finance space. I'm pleased to have with me today the management team of Rent-A-Center, including its CEO, Mitch Fadel; and its CFO, Maureen Short.
For those not familiar with the story, RCII is a leading provider in the lease-to-own industry. The company operates in 3 primary segments. The Rent-A-Center business, which is 2,100 stores in the U.S. and Mexico, along with the e-commerce platform. The second segment is Preferred Lease, the company's virtual lease-to-own segment, reflecting the combination of Acceptance Now and Merchants Preferred. And lastly, Rent-A-Center franchisees, which includes 370-plus franchise stores.
With that, I'll turn it over to the Rent-A-Center team to introduce themselves and the company before we kick off Q&A. And sorry, one last thing. For those on the webcast that have
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