secwatch.observer — SEC 8-K summary
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Issuer:     PROG Holdings, Inc. (PRG)
CIK:        0001808834
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001808834-26-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PROG Holdings Q1 revenue $742.7M (+11.1%), Non-GAAP EPS $1.24 (+37.8%); raises FY outlook
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- Consolidated revenues $742.7M (+11.1% YoY); Adjusted EBITDA $90.3M (+29.2%).
- Non-GAAP diluted EPS $1.24 (+37.8%); net earnings $36.2M vs $34.6M year ago.
- Consolidated GMV $805.6M (+54.4%) driven by Four GMV $280M (+133.6%).
- Purchasing Power contributed $107.1M revenue; net debt reduced $254.9M since acquisition; net leverage 2.0x.
- FY2026 outlook raised: revenue $3.0-3.1B, non-GAAP EPS $4.40-4.80 (from $4.00-$4.45).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1808834/000180883426000065/0001808834-26-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1808834/000180883426000065/prg-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001808834-26-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer