$216.750
+1.994 (+0.92%)Al cierre
Noticias de FCFS
Eventos de FCFS
Company Expects 2026 Revenue of $4.38 Billion
2026 revenue consensus $4.38B. The company still sees 23026 outlook "highly positive". Expects the combined U.S., Latin America and U.K. pawn segments to be approximately 90% of total net revenue and segment level pre-tax income for 2026. CEO Wessel said, "The demand for pawn lending and deep-value retailing remains strong given the continued inflationary environment...we remain focused on disciplined execution across all three pawn geographies and selective, accretive growth driven by the strong acquisition pipeline we are seeing in all markets. We believe the combination of strong operating cash flow, a strengthened balance sheet and a favorable demand backdrop positions us well for continued revenue and earnings growth into 2027."
FirstCash Reports Q3 Revenue of $1.10B
Reports Q3 revenue $1.10B, consensus $1.07B. CEO Rick Wessel stated, "FirstCash delivered another outstanding quarter of operating results, with third quarter pawn revenue growth of 28%. Pawn demand remains exceptionally strong with a record $908M in pawn receivables and all geographic segments posting double-digit increases in both same-store pawn receivables and pawn fees...We are also pleased to announce that 14 pawn stores were added during the quarter, bringing year-to-date additions to a total of 42 locations across four countries. As we enter Q4, with the added stores, strong pawn books and appropriate inventory levels, we believe we are well-positioned to close out another record year of operating results. FirstCash has set new records for revenue and earnings in each quarter this year. For the trailing twelve months, revenues are now $4.3B, net income totals $406M and adjusted EBITDA totals $835M. The impressive earnings growth continues to drive increased operating cash flows as well, providing ample capacity for shareholder returns through stock repurchases and cash dividends. More importantly, we remain committed to expanding our industry-leading global footprint through accretive pawnshop acquisitions and new store openings in each geographic segment".
FirstCash Declares Quarterly Cash Dividend of $0.46
FirstCash declared a quarterly cash dividend of 46c per share, an increase of 10% over the previous quarterly dividend, which will be paid in November.
FirstCash Q2 Revenue Reaches $1.07B, Exceeds Expectations
Reports Q2 revenue $1.07B, consensus $1.03B. CEO Rick Wessel stated, "FirstCash achieved record Q2 and year-to-date results, with revenue increases of 29% for the quarter and 28% year-to-date, driving exceptional growth in net income, EBITDA and earnings per share. Pawn demand remains extremely robust, with consolidated pawn receivables up 63% in total and 22% on a same-store basis over the prior year. We are again raising consolidated full year pawn revenue guidance given our Q2 results and continuing demand for pawn products and our deep-value retail sales model. The company expects to complete its acquisition of Ramsdens Holdings by the end of 2026, subject to the approval of Ramsdens' shareholders, receipt of the required anti-trust and regulatory approvals and satisfaction of other closing conditions. Ramsdens is a leading operator of pawn stores in the U.K. with 174 locations that will expand FirstCash's geographic footprint in the U.K. to more than 450 locations. We also expect to see additional 2026 store expansion opportunities across each of our major geographic markets through acquisitions and new store openings. Additionally, during Q2, FirstCash successfully completed a $750M bond offering and used the proceeds to pay down a significant portion of the revolving credit facility and to provide additional long-term funding capacity for further expansion of pawn operations and shareholder returns."
Company Raises 2026 Pawn Segment Revenue Outlook
The outlook for the remainder of 2026 continues to be highly positive as the company is again raising its overall expectations for year-over-year growth in consolidated pawn segment revenue. The company expects the combined U.S., Latin America and U.K. pawn segments to be over 90% of total net revenue and segment level pre-tax income for 2026. Continues to see strong results in July and expects mid-teen or better growth in pawn fees in second half and full year 2026. The company expects U.S. pawn retail merchandise sales to grow in a range of 10% to 15% in 2026 and will continue to target retail margins in a range of 42% to 43%. Expects approximately 20% growth in Latin American pawn fees on a U.S. dollar basis in the second half of 2026, retail POS payment solutions net revenue is expected to decrease in a range of 20% to 25% for the full year.
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