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FRG News and Press, Franchise Group Inc. From 12/07/21

Stock Information

Company Name: Franchise Group Inc.
Stock Symbol: FRG
Market: NYSE
Website: franchisegrp.com

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FRG - CORRECTION - Franchise Group, Inc. Increases Quarterly Common Stock Dividend by 67%

DELAWARE, Ohio, Dec. 07, 2021 (GLOBE NEWSWIRE) -- In a release issued earlier today by Franchise Group, Inc. (NASDAQ: FRG), please note that in the headline and the first paragraph, the increase to the quarterly cash dividend should be 67%, rather than 40% as originally issue...

FRG - Franchise Group raises dividend to $0.625

Franchise Group (NASDAQ:FRG) declares $0.625/share quarterly dividend, vs. prior dividend of $0.375. Forward yield 5.08% Payable Jan. 15; for shareholders of record Dec. 31; ex-div Dec. 29. See FRG Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Franchis...

FRG - Franchise Group guides FY2022 EPS and revenue above consensus

Franchise Group (FRG +1.9%) provides investors with an update for its fiscal year 2022 outlook. The company expects adjusted EPS of approximately $5.00 vs consensus of $4.67 and revenue around $4.45B vs consensus of $4.19B. Net income is projected to ~$180M, or $4.20 per share, and adjusted E...

FRG - Franchise Group, Inc. Increases Quarterly Common Stock Dividend by 40%

DELAWARE, Ohio, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced that its Board of Directors approved a 40% increase to its quarterly cash dividend to common stockholders of $0.625 per shar...

FRG - Franchise Group, Inc. Provides Financial Outlook for Fiscal Year 2022

Non-GAAP EPS of approximately $5.00 Adjusted EBITDA of approximately $450 million Expects to reduce net debt from approximately $1.7 billion to approximately $1.1 billion by the end of fiscal year 2022 DELAWARE, Ohio, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Franchise Group, Inc....

FRG - 3 Post-Biden And Post-COVID Plays: Eastern Bankshares, AerSale And Franchise Group

Last year, I offered three ideas for a world after Trump and COVID. Here’s how they did so far - despite only partial macro progress. And here’s how they could do after Biden loses governing control. For further details see: 3 Post-Biden And Post-COVID Play...

FRG - 3 Best Forever SPACs For 2022: IonQ, dMY Technology IV And dMY Technology VI

Last year I presented 3 forever stocks. Here’s how they have done so far. As a follow up, here are three forever SPACs. For further details see: 3 Best Forever SPACs For 2022: IonQ, dMY Technology IV And dMY Technology VI

FRG - Franchise Group buys W.S. Badcock Corporation for about $580 million in cash

W.S. Badcock Corporation operates 383 stores in eight southeastern states comprised of 68 corporate locations and 315 independent dealer-owned stores. For fiscal year-end June 30, 2021, Badcock generated consolidated revenue of ~$901.9 million and Adjusted EBITDA of approximately $139.5 milli...

FRG - Buy Fast Growing Franchise Group At A Bargain Price Ahead Of Accretive M&A

Franchise Group is a superbly managed, moderately levered, fast-growing business with an enviable M&A track record. Split roughly evenly between organic growth and acquisitions, the company is likely to grow EBITDA per share by 20% or more for many years. The company pays a su...

FRG - 3 CEOs I Trust

This title isn’t “30” or “300” for a reason. Many earn skepticism; few earn trust. Here are three you can count on with your money. For further details see: 3 CEOs I Trust

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