Rent-A-Center, Inc. (NASDAQ:RCII) Q1 2018 Earnings Conference Call - Preliminary Transcript

May 01, 2018 • 08:30 am ET

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Rent-A-Center, Inc. (NASDAQ:RCII) Q1 2018 Earnings Conference Call - Preliminary Transcript

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Presentation
Executive
Maureen Short

two-thirds of the total still expected to be realized in 2018.

Overhead annualized savings of $30 million to $40 million and other store expense savings of $10 million to $15 million remain unchanged from previous guidance. Working capital initiatives are now expected to generate $40 million to $45 million of benefits, up $20 million from previous guidance; and supply chain initiatives are expected to generate $35 million to $40 million, up $10 million from previous guidance.

Now, we will open up the line for your questions.