{"schema_version":"secwatch.filing_event.v1","accession":"0001808834-23-000061","form_type":"8-K/A","ticker":"PRG","cik":"0001808834","company_name":"PROG Holdings, Inc.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.706177+00:00","generated_at":"2026-06-16T09:18:01.001919+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"PROG Holdings beats Q1 2023 expectations, raises full-year earnings outlook","bullets":["Q1 adjusted EBITDA $89.7M (+38.9% YoY); non-GAAP diluted EPS $1.11 (+94.7% YoY).","Progressive Leasing write-offs improved to 6.0% vs 7.3% in Q1 2022; e-commerce up 100bps to 16.9% of GMV.","Full-year 2023 adjusted EBITDA guidance raised to $235M-$255M (from $215M-$245M); GAAP EPS raised to $2.09-$2.37.","Progressive Leasing earnings before taxes outlook corrected to $168M-$180M (from $147M-$167M).","Company repurchased $36.5M of stock at avg $25/share; $300.8M remaining under buyback program."],"urls":{"canonical":"https://secwatch.observer/filing/0001808834-23-000061","json":"https://secwatch.observer/filing/0001808834-23-000061.json","markdown":"https://secwatch.observer/filing/0001808834-23-000061.md","text":"https://secwatch.observer/filing/0001808834-23-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1808834/000180883423000061/0001808834-23-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1808834/000180883423000061/prg-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:18:01.001919+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cda7fa2397350ee8dc742e5bd30c11fa4c5adbd6","claim":"PROG Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue $655.1 million, net income $48.0 million, EPS $1.00. Guidance raised.","evidence_excerpt":"1Q2023) --- PRESS RELEASE 1Q2023 Document Exhibit 99.1 PROG Holdings Exceeds First Quarter 2023 Expectations, Raises Full-Year Earnings Outlook • Consolidated revenues of $655.1 million, earnings before taxes of $67.6 million; • Adjusted EBITDA of $89.7 million, increase of 38.9% year-over-year • Diluted EPS of $1.00; Non-GAAP Diluted EPS of $1.11, up 94.7%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1808834/000180883423000061/0001808834-23-000061-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$655.1 million"},{"label":"Net income","value":"$48.0 million"},{"label":"EPS","value":"$1.00"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}