![]() ![]() As a result, GAAP-basis diluted earnings per share for the second quarter of 2023 decreased 45% over the prior-year quarter and 16% for the year-to-date period. On a GAAP basis, the prior-year second quarter earnings included a significant non-cash gain ($1.13 per share, net of tax) on the revaluation of contingent consideration related to the AFF acquisition. Year-to-date consolidated revenues totaled $1.5 billion, an increase of 16% on a GAAP basis and 13% on an adjusted basis compared to the prior-year period. Consolidated Operating HighlightsĬonsolidated revenues totaled $751 million in the second quarter, an increase of 16% on a GAAP basis and 14% on an adjusted basis compared to the prior-year quarter. Please refer to the descriptions and reconciliations to GAAP of these and other non-GAAP financial measures at the end of this release. This release contains adjusted financial measures, which exclude certain non-operating and/or non-cash expenses, which are non-GAAP financial measures. ![]() Additionally, our strong balance sheet and cash flows have allowed us to repurchase $114 million of stock this year, through today’s date, and raise the quarterly cash dividend.” "FirstCash continues to expand its operating platform as well, with 36 pawn stores added year-to-date and additional store openings and acquisitions expected over the balance of the year, while AFF surpassed 10,000 active merchant door locations in the second quarter. Coupled with continued revenue and transaction volume growth in AFF’s retail POS payment solutions business, we have significant earnings momentum entering the second half of 2023. Rick Wessel, chief executive officer, stated, “FirstCash posted record second quarter consolidated revenues and generated strong earnings growth from its core pawn operations in both the U.S. Additionally, the Company completed its share repurchase plan and the Board of Directors authorized a new $200 million plan. The Company also announced that the Board of Directors declared a quarterly cash dividend of $0.35 per share, an increase of 6% compared to the previous quarterly dividend of $0.33 per share, which will be paid in August 2023. (“FirstCash” or the “Company”) (Nasdaq: FCFS), the leading international operator of retail pawn stores and a leading provider of retail point-of-sale (“POS”) payment solutions through American First Finance (“AFF”), today announced operating results for the three and six month periods ended June 30, 2023. The bank installment loan advertised is originated by FinWise Bank, a Utah-chartered bank located in Murray, Utah, Member FDIC.FirstCash Reports Second Quarter Earnings Results Completes Share Repurchase Plan and Adds New $200 Million Authorization Increases Quarterly Dividend to $0.35 per ShareįORT WORTH, Texas, J(GLOBE NEWSWIRE) - FirstCash Holdings, Inc. We are simply a merchant-approved to offer AMERICAN FIRST FINANCE a fin-tech product. We do not offer set rates or are market-regulated. Upcycle Technology is not a lender, or financial institution. If approved comeback and submit your order with the payment status "Approved for AFF Finance" at checkout. Q: How do you apply for AMERICAN FIRST FINANCE?Ī: Click the banner-link above and it will redirect you to complete our finance application. † Decisions may take additional time and not be same day, including if more information is needed to complete an application. ![]() Loans originated by FinWise Bank, a Utah-chartered bank, Member FDIC. New customers may be approved for loan amounts up to $3,500 and returning customers up to $5,000. Terms and conditions subject to change at any time without prior disclosure or notice. *Approval is possible without a credit score, but credit will be checked. Subject to approval and standard underwriting criteria. ![]()
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