earnings
confidence high
sentiment positive
materiality 0.75
FirstCash Q3 net revenues up 20%; adds 104 pawn stores; declares $0.35 dividend
FirstCash Holdings, Inc.
2023-Q3 EPS reported
$3.27
revenue$2,299,662,000
- Net revenues increased 20% YoY, driven by growth in pawn segments and American First Finance (AFF).
- Added 104 pawn stores (79 U.S. acquisitions, 25 de novo) in Q3; on track for >150 stores in FY 2023.
- U.S. pawn receivables grew 22% total and 11% on a same-store basis vs. Q3 2022.
- AFF contributed to record earning assets and segment earnings with improved profitability.
- Board declared quarterly cash dividend of $0.35 per share, payable in November 2023.