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FirstCash Holdings Inc (FCFS) delivers essential financial services through pawn operations and retail payment solutions across North America and Latin America. This news hub provides investors with comprehensive updates on corporate developments, regulatory changes, and market expansions.
Access real-time announcements spanning all business segments: U.S. pawn store operations, Latin American market strategies, and AFF payment solution innovations. Our curated collection includes earnings reports, partnership announcements, and operational milestones directly from corporate sources.
Key updates cover collateralized lending trends, retail financial service expansions, and strategic growth initiatives. Bookmark this page for verified information on store network developments, compliance updates, and consumer credit service enhancements.
Monitor FirstCash's progress in bridging traditional pawn services with modern financial technology. Stay informed through our organized repository of official communications and market analyses. Return regularly for unfiltered access to critical business updates affecting the specialty retail finance sector.
FirstCash Holdings (NASDAQ: FCFS) has announced a strategic acquisition of H&T Group, the leading pawnshop operator in the United Kingdom, for £297 million ($394 million USD). The deal involves paying 650 pence per H&T share plus an 11 pence dividend. This acquisition marks FirstCash's entry into the UK market, adding 285 stores to its existing network of over 3,000 locations in the US and Latin America.
The transaction, expected to close in the second half of 2025, will create the largest publicly traded pawn platform across the United States, Latin America, and the United Kingdom. The deal has received unanimous approval from both companies' boards and is subject to H&T shareholder approval and UK regulatory clearances.
FirstCash Holdings (FCFS) reported strong Q1 2025 results with a 39% increase in diluted earnings per share to $1.87 (GAAP) and a 34% increase in adjusted EPS to $2.07. Net income grew 36% to $83.6 million on a GAAP basis.
Key highlights include:
- Revenue remained flat at $836 million, but up 4% on constant currency basis
- Same-store pawn receivables increased 13% in U.S. and 14% in Latin America (local currency)
- Added 12 new pawn locations across three countries
- Completed $60 million in stock repurchases
- Declared quarterly dividend of $0.38 per share
The company's retail POS payment solutions segment (AFF) showed strong performance with 19% growth in merchant locations and 29% increase in active doors (excluding closed furniture retailers). Operating cash flows funded store additions and real estate purchases, with the company now operating over 3,000 retail pawn stores internationally.
FirstCash Holdings reported record fourth quarter and full-year 2024 results, with gross revenues reaching $3.4 billion, an 8% increase year-over-year. The company's strong performance was driven by exceptional pawn operations, with same-store pawn receivables growing 12% in both U.S. and Latin America markets.
Key financial highlights include a 19% increase in diluted earnings per share and record net income of $259 million on a GAAP basis. The company expanded its store network by adding 99 pawn locations in 2024, reaching a total of 3,026 stores. The Board declared a quarterly cash dividend of $0.38 per share, payable on February 28, 2025.
The U.S. Pawn segment showed particularly strong results with a 14% increase in Q4 pre-tax operating income, while the POS payment solutions segment maintained solid profitability despite challenges in the furniture vertical. The company's outlook for 2025 remains positive, expecting continued growth in pawn receivables and further store expansions.
FirstCash Holdings reported record third quarter results with notable achievements across segments. The company saw a 6% increase in gross revenues to $837 million and a 14% rise in diluted earnings per share. U.S. pawn segment showed strong performance with a 12% growth in pawn receivables and 13% increase in pawn loan fees. The Latin America segment demonstrated growth in local currency metrics, while AFF recorded a 14% increase in third quarter gross origination volumes. The company expanded its retail presence by adding 16 new pawn stores in Q3 and 83 stores year-to-date. The Board declared a quarterly cash dividend of $0.38 per share.
FirstCash Holdings (Nasdaq: FCFS) has amended its unsecured bank credit facility, increasing the commitment from $640 million to $700 million and extending the maturity date from August 2027 to August 2029. The amendment also allows for an increased permitted leverage ratio of up to 3.25 times adjusted EBITDA for the full term. This expansion provides FirstCash with five years of significant long-term committed capital to support growth in the U.S. and Latin America, as well as ongoing shareholder payouts through dividends and share repurchases.
FirstCash operates over 3,000 pawn stores internationally and offers retail POS payment solutions. The company's pawn segments account for about 80% of segment earnings, with the remainder from its subsidiary AFF, providing lease-to-own and retail finance payment solutions.
FirstCash (Nasdaq: FCFS) announced its second quarter 2024 results, highlighting significant growth in its U.S. pawn segment. U.S. pawn fee revenue grew by 22%, driving a 25% increase in segment earnings. The company added 47 pawn locations through acquisitions and new store openings.
Total revenue for Q2 reached $831 million, an 11% increase from the prior-year quarter. Net income rose 9% to $49 million, with adjusted net income at $61.9 million. Year-to-date revenue totaled $1.7 billion, up 10% from last year.
Adjusted EBITDA increased by 13% to $117.7 million. Operating cash flows for the past 12 months were $439 million.
The company repurchased $85 million in stock and increased its quarterly dividend by 9% to $0.38 per share. FirstCash's outlook for 2024 remains positive, anticipating further growth driven by pawn operations and recent store additions.
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