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PRG News
PRG Events
Sees Q2 Revenue of $700M-$725M
Sees Q2 revenue $700M-$725M, consensus $724.81M
PROG Holdings Q1 Revenue $742.67M Exceeds Expectations
Reports Q1 revenue $742.67M, consensus $732.7M. "We delivered a strong start to 2026, with first quarter results exceeding the high end of our outlook for earnings, and non-GAAP EPS," said PROG Holdings President and CEO Steve Michaels. "This performance reflects disciplined execution across the organization and the benefits of our diversified model, with improving trends at Progressive Leasing, continued triple-digit growth and strong economics at Four, and growth at Purchasing Power. Importantly, Progressive Leasing returned to year-over-year GMV growth as we exited the quarter, reflecting the progress we've made on our initiatives and the lapping of prior headwinds. We also meaningfully improved the balance sheet, reducing our net leverage ratio to two times as we prioritized debt reduction following the Purchasing Power acquisition."
Raises FY26 Revenue Outlook to $3B-$3.1B
Consensus $4.23. Raises FY26 revenue view to $3B-$3.1B from $2.95B-$3.07B, consensus $3.02B
Prog Holdings Announces Quarterly Cash Dividend Increased to 14 Cents
Prog Holdings announced that its Board of Directors has declared a quarterly cash dividend of 14c per share of common stock, payable on March 24 to shareholders of record as of the close of business on March 12. This dividend amount is an increase of 7.7% compared to the quarterly cash dividend of 13c per share previously paid by the company.
Prog Holdings Q4 Revenue at $574.59M, Below Consensus
Reports Q4 revenue $574.59M, consensus $581.82M. "Q4 and full-year 2025 were periods of disciplined execution that demonstrated the strength and resilience of PROG's multi-product platform," said Prog Holdings president and CEO Steve Michaels. "Despite a challenging retail environment and the impact of a large partner bankruptcy on Progressive Leasing, we took proactive steps to protect portfolio performance, expand margins, and position the business for profitable growth."
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.