---
schema_version: "secwatch.filing_event.v1"
accession: "0001808834-24-000094"
form_type: "8-K"
ticker: "PRG"
cik: "0001808834"
company_name: "PROG Holdings, Inc."
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T17:04:19.501045+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PROG beats Q2 expectations, raises FY2024 revenue and EPS guidance; GMV up 7.9% YoY

## Summary
- Q2 revenue $592.2M (flat YoY); diluted EPS $0.77 vs $0.79; non-GAAP EPS $0.92 in line.
- Progressive Leasing GMV $454.5M, up 7.9% YoY; lease write-offs 7.7% within 6%-8% target.
- Raised FY2024 outlook: rev $2.4-2.45B (prev $2.285-2.36B); adj. EBITDA $265-275M; diluted EPS $2.52-2.68.
- Repurchased $36.7M of stock at avg $35.67; remaining authorization $438.8M.
- Paid $0.12 dividend per share.

## SEC filing metadata
- accession: 0001808834-24-000094
- form_type: 8-K
- ticker: PRG
- cik: 0001808834
- company_name: PROG Holdings, Inc.
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1808834/000180883424000094/0001808834-24-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1808834/000180883424000094/prg-20240724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001808834-24-000094
- JSON: https://secwatch.observer/filing/0001808834-24-000094.json
- Plain text: https://secwatch.observer/filing/0001808834-24-000094.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.