Upbound Group, Inc. (UPBD) Q4 2024 Earnings Call Transcript

Upbound Group, Inc. (NASDAQ:UPBD) Q4 2024 Earnings Call Transcript February 20, 2025 9:00 AM ET

Company Participants

Jeff Chesnut – Senior Vice President and Corporate Development, Investor Relations
Mitch Fadel – Chief Executive Officer
Fahmi Karam – Executive Vice President and Chief Financial Officer

Conference Call Participants

Bobby Griffin – Raymond James
Vincent Caintic – BTIG
Hoang Nguyen – TD Cowen
Kyle Joseph – Stephens
John Hecht – Jefferies
John Rowan – Janney Montgomery Scott
Anthony Chukumba – Loop Capital Markets

Operator

Hello. And welcome to the Upbound Group Inc. Fourth Quarter 2024 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] I would now like to turn the conference over to Jeff Chesnut. You may begin.

Jeff Chesnut

Good morning, and thank you all for joining us to discuss the company’s performance for the fourth quarter and full year of 2024. We issued our earnings release this morning before the market opened, and the release and all related materials including a link to the live webcast are available on our website at investor.upbound.com. On the call today from Upbound Group, 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 and adversely from our expectations. These factors are described in our earnings release as well as in the company’s SEC filings. Upbound Group undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law. This call will also include references to non-GAAP financial measures. Please refer to today’s earnings release, which can be found on our website for a description of the non-GAAP financial measures and the reconciliations