FirstCash Holdings, Inc. (FCFS), an operator of retail pawn stores, on Thursday reported a rise in earnings and revenue for the first quarter of fiscal 2026.
Rick Wessel, CEO of FirstCash, said: "Our tremendous first-quarter results were driven by exceptionally strong performances in each of the three pawn segments. Pawn revenues in the U.S. were up 16% while Latin America was up 40% on a U.S. dollar basis and 23% in local currency. The recently acquired U.K. operations contributed meaningfully to the overall revenue and earnings results with an outstanding quarter as well."
For the three-month period to March 31, the company recorded a net income of $107.702 million, or $2.43 per share, higher than $83.591 million, or $1.87 per share, in the same period last year.
Excluding items, profit stood at $119.048 million, or $2.69 per share, compared with $92.781 million, or $2.07 per share, a year ago. EBITDA was $210.945 million as against the prior year's $162.961 million.
Revenue was $1.051 billion, up from $836.423 million in the previous year. Wholesale scrap jewelry sales surged to $112.481 million from last year's $43.165 million.
For the second quarter, the Board will pay a dividend of $0.42 per share on May 29 to the stockholders of record as of May 15. This dividend represents an annualized dividend of $1.68 per share.
FCFS was up by 4.72% at $215.33 in the pre-market trade on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.