earnings
confidence high
sentiment positive
materiality 0.75
EZCORP reports Q1 FY2024 net income up 70% to $28.5M; revenue up 13% to $300.0M
EZCORP INC
2024-Q1 EPS reported
$0.36
revenue$299,991,000
- Net income $28.5M ($0.36 diluted EPS) vs $16.8M ($0.25) YoY; adjusted EPS $0.36 vs $0.28.
- Total revenues $300.0M (+13% YoY); gross profit $172.6M (+13%); PLO record $243.3M (+16%).
- U.S. segment contribution $47.5M (+21%); Latin America segment contribution +35% (+27% constant currency).
- Opened 5 de novo stores in Latin America, acquired 1 store in Texas; total stores 1,237.
- Merchandise sales gross margin 36% within target; aged gen. merch 1.3% of inventory.