Rent-A-Center Sees FY 2012 EPS of $3.00-3.20, May not Be Comparable to $3.13 Est

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Rent-A-Center, Inc.
RCII
2012 Guidance 7% to 10% total revenue growth. Low single digit growth in the Core U.S. Over $300 million contribution from RAC Acceptance. 2.5% to 4.5% same store sales growth. Split evenly between Core U.S. and the impact of RAC Acceptance. 100 basis points gross profit margin decrease. Primarily due to the impact of RAC Acceptance. 50 basis points operating profit margin decrease. Diluted earnings per share in the range of $3.00 to $3.20, including approximately $0.25 to $0.30 per share dilution related to our international growth initiatives, which now includes corporate allocations consistent with our segment reporting. Capital expenditures of approximately $105 million.
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