Upbound Group publishes transcript of Q1 2026 earnings conference call

Upbound Group, Inc.

Upbound Group, Inc.

UPBD

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  • Upbound held Q1 2026 earnings call on April 30 with CEO Fahmi Karam, CFO Hal Khouri, IR head Steven Kos, analysts from Stephens, Raymond James, BTIG, Loop Capital Markets, Jefferies, KeyBanc, TD Cowen, BofA.
  • Kept full-year targets: revenue USD 4.7-4.95 billion, adjusted EBITDA USD 500-535 million, non-GAAP diluted EPS USD 4-4.35; guided Q2 revenue USD 1.1-1.2 billion, adjusted EBITDA USD 120-130 million, non-GAAP diluted EPS USD 1-1.1.
  • Acima GMV USD 427 million fell 6% on underwriting tightening, while lease charge-offs improved to 8.8%; outlook reset to GMV and revenue flat to up low single digits with losses in low 9% area, GMV seen returning to year-over-year growth in H2.
  • Brigit revenue USD 68 million, up over 40% on a comparable basis, with paying users about 1,600,000, ARPU up nearly 12% to USD 14.41; line-of-credit pilot to broaden later in year, framed as more meaningful in 2027 than 2026.
  • Rent-A-Center same-store sales rose about 0.4% with lease charge-offs 4.7%; Amazon pickup-and-returns rollout set for June across 1,700 corporate stores, with pilot showing roughly 50 customer visits per store per week.


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