Inflation Cuts Into Rent-A-Center Q2 Earnings

Inflation Cuts Into Rent-A-Center Q2 Earnings

In the second quarter, Rent-A-Center saw earnings slip as inflation squeezed its lower-income customers, but it still managed to profit better than Wall Street expected. Net earnings were $19.7 million, or 33 cents per diluted share, versus $61.3 million, or 90 cents...
Tractor Supply Enjoys Strong Q2

Tractor Supply Enjoys Strong Q2

In the second quarter, Tractor Supply enjoyed mid-single-digit comparable store sales growth following a 10.5% year-over-year gain in the period a year prior and a solid earnings increase. Net income increased to $396.5 million, or $3.53 per diluted share, from $370...