FRG News and Press, Franchise Group Inc. From 06/22/22

Wall Street ended an uncertain session with mild losses on Wednesday. The lack of direction came as investors digested new commentary from Federal Reserve Chairman Jerome Powell. While the stock market finished near the unchanged market, many commodities came under serious pressure. This incl...

Franchise Group (NASDAQ:FRG) completed a sale-leaseback of all 3 W.S. Badcock distribution centers to the affiliates of Oak Street Real Estate Capital, a Blue Owl Capital unit, for ~$150M. The sale-leaseback of the corporate headquarters is expected to be completed by Q2-end. B. Riley Real Es...

DELAWARE, Ohio, June 21, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group,” “FRG” or the “Company”) today announced that it has completed the sale-leaseback of all three W.S. Badcock Corporation (“Badcock”...

Kohl's is still entertaining a $60 offer from Franchise Group that only values the stock at 9x earnings. The department store only trades at $40 despite this offer, valuable real estate, a strong EPS stream above $6 and the Sephora plan. The stock only trades at 6x EPS targets, pr...

Kohl's (NYSE: KSS) has been a hot topic of conversation lately as investors ponder whether the department store chain is a buy amid the ongoing talks that it could be taken private if the right deal is struck . But what about shares of the company that may end up being the acqui...

Kohl’s (NYSE:KSS) could still fetch a $60 per share from the Franchise Group (FRG), according to the New York Post. A new report from the paper states that Franchise Group (FRG +1.6%) CEO Brian Kahn is keen on keeping the elevated price despite the stock’s recent selloff. The it...

Franchise Group has strong organic growth prospects, is only 2.4x levered, and trades below 8x 2022 fully taxed FCF/share. The stock is down ~25% due in part to macro concerns. The company may miss its robust 2022 EBITDA guidance, given in December. 2022 EBITDA/share will still be 15-...

Stocks pushed higher again on Tuesday, building on gains posted in the previous session. Still, trading remained choppy, especially early in the day, as Wall Street continued to look for definitive near-term direction. Among the winners on the session, Kohl's (NYSE:KSS) rallied on news that i...

Shares of Kohl's (NYSE: KSS) jumped 8.2% on Tuesday, after the department store chain said it was conducting exclusive acquisition negotiations with Franchise Group (NASDAQ: FRG) . The talks are scheduled to occur over three weeks. Franchise Group intends to use this tim...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Sundry Photography/Shutterstock.com Kohl’s (NYSE: KSS ) stock is up 10% today on news that the retailer has entered into “exclusive sale talks” with Franchise Group (NASDAQ: FRG ...