FRG News and Press, Franchise Group Inc. From 05/05/22

Franchise Group press release (NASDAQ:FRG): Q1 Non-GAAP EPS of $1.29 beats by $0.20. Revenue of $1.14B (+83.5% Y/Y) beats by $60M. Franchise Group is reaffirming its previously announced financial outlook for fiscal year 2022 of revenue of approximately $4.45 billion vs. $4.42 billion co...

• Reaffirms financial outlook for fiscal 2022 • Franchising momentum continues DELAWARE, Ohio, May 05, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group,” “FRG” or the “Company”) today...

Update 8:15pm: Adds Kohl's confirmation of Glass Lewis recommendation. Proxy adviser Glass Lewis recommended that Kohl's Corp. (NYSE:KSS) holders vote to elect all 13 of the board nominees management endorsed.  "In sum, we believe shareholders would be best served supporting the current ...

Simon Property Group is the only A-rated mall REIT and we consider this dominant REIT to be an absolute gem. Our most likely model has Simon Property stock returning 25% over the next 12 months. We just doubled down on SPG stock within the Durable Income Portfolio (from 2% exposur...

Kohl's (NYSE:KSS) rose 3.5% on a report that the department store chain received an offer from Simon Property (SPG) and Brookfield Asset Management valued at more than $8.6 billion. Simon (SPG) and Brookfield (BAM), which owns JCPenney, offered $68/share for Kohl's (KSS), according ...

FRG has a broad investment portfolio of strong, profitable brands with strategy to acquire, develop, and franchise new brands. Its 6.4% dividend yield is poised to grow. $78 estimated fair value = 13 PE times $6.00 E24 EPS. There were 3 significant acquisitions in FY2021 and 109 n...

DELAWARE, Ohio, April 18, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced it will release its fiscal 2022 first quarter financial results on May 5, 2022. Franchise Group will conduct a conference c...

Kohl's (NYSE:KSS) rose 0.5% after the retailer asked bidders to refine their offers and to secure financing. Kohl's (KSS) CEO Michelle Gass said in recorded a video  for employees on Wednesday that Kohl's advisor Goldman has "now engaged with over 25 parties and we’ve no...

Earnings reports and analyst comments played major roles in Tuesday's midday action. CrowdStrike (CRWD) was one of the standout gainers, rising in the wake of an analyst comment. At the same time, the release of quarterly results prompted a double-digit percentage gain in shares of OrganiGram...

Franchise Group (FRG) said Thursday it completed the sale-leaseback of 35 retail W.S. Badcock locations for gross proceeds of ~$94M. The 35 locations are comprised of corporate and dealer owned locations. FRG expects to complete the sale-leaseback of Badcock’s distribution centers...