Rent-A-Center, Inc. (RCII) Q3 2022 Earnings Conference Call November 1, 2022 8:30 AM ET
Company Participants
Mitch Fadel - CEO
Fahmi Karam - CFO
Brendan Metrano - VP, IR
Conference Call Participants
Jason Haas - Bank of America
Kyle Joseph - Jefferies
John Rowan - Janney Montgomery Scott
Anthony Chukumba - Loop Capital Markets
Bobby Griffin - Raymond James
Carla Casella - JPMorgan
Brad Thomas - KeyBanc Capital Markets
Vincent Caintic - Stephens, Inc.
Operator
Good day and thank for standing by. Welcome to Rent-A-Center’s third quarter 2022 earnings conference call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator instructions] Please be advised that today’s conference is being recorded.
I will now turn the call over to your speaker for today.
Brendan Metrano
Good morning, and thank you all for joining us to discuss Rent-A-Center’s results for the second quarter of 2022. We issued our earnings release after the market closed yesterday. The release and all related materials, including a link to the live webcast, are available on our website at investor.rentacenter.com. On the call today from Rent-A-Center, we have Mitch Fadel, our CEO; and Fahmi Karam, our CFO.
As a reminder, some of the statements provided on this call are forward-looking, and are subject to factors that could cause actual results to differ materially from our expectations. These factors are described in our earnings release, as well as in the company's SEC filings. Rent-A-Center undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law. This call also includes references to non-GAAP financial measures. Please refer to our third quarter earnings release, which can be found on our website, for a description of the non-GAAP financial measures and reconciliations to the most comparable GAAP financial measures.
With that, I'll turn the call over to Mitch.
Mitch Fadel
Thank you, Brendan. Good morning to everyone on the call today. This morning, we'll start with a review of takeaways from the quarter and broader trends, then I will provide an update on operating initiatives, fourth quarter guidance, and areas of focus heading into 2023. I'll then hand it out to our new Chief Financial Officer, Fahmi Karam, who officially joined the team a few days ago, to share his thoughts on joining the company, followed by a detailed review of the third quarter results and the fourth quarter outlook. And of course, then we'll take some questions.