FCFS - FirstCash Non-GAAP EPS of $1.22 beats by $0.14 revenue of $750.62M beats by $18.72M
2023-07-27 06:03:29 ET
- FirstCash press release ( NASDAQ: FCFS ): Q2 Non-GAAP EPS of $1.22 beats by $0.14 .
- Revenue of $750.62M (+15.9% Y/Y) beats by $18.72M .
- 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.
- During the second quarter, 19 pawn locations were added, and year-to-date, a total of 36 stores have been opened, bringing the total number of locations at June 30, 2023 to 2,889 locations.
- Outlook:
- Pawn operations are expected to remain the primary earnings driver in 2023 as the Company expects segment income from the combined U.S. and Latin America pawn segments to be approximately 80% of total segment level pre-tax income.
- The Company expects to open approximately 60 de novo stores in Latin America and four U.S. de novo locations in 2023.
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FirstCash Non-GAAP EPS of $1.22 beats by $0.14, revenue of $750.62M beats by $18.72M