Overview

• US pawn store operator's Q2 revenue rose 29% yr/yr, beating analyst expectations

• Adjusted EPS for Q2 beat analyst expectations

• Company completed $150 mln share buyback and authorized new $150 mln repurchase plan

Outlook

• FirstCash raises full-year 2026 guidance for consolidated pawn segment revenue growth

• Company expects U.S. pawn fees to grow at mid-teen or better rates in H2 and full year 2026

• Retail POS Payment Solutions net revenue expected to decrease 20% to 25% for full year 2026

Result Drivers

• STRONG PAWN DEMAND - Co said record results were driven by robust consumer demand for pawn products and services, with consolidated pawn receivables up 63% in total and 22% on a same-store basis yr/yr, per CEO Rick Wessel

• STORE EXPANSION - Addition of 20 pawn locations in Q2, including acquisitions and new stores across all major markets, contributed to revenue growth

• LATIN AMERICA GROWTH - Latin America pawn segment revenue rose 42% in Q2 on a USD basis, driven by increased pawn fees, merchandise sales, and favorable currency movements

Company press release: ID:nGNX9GTdS8

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Revenue	Beat	$1.07 bln	$1.03 bln (6 Analysts)
Q2 Adjusted EPS	Beat	$2.50	$2.40 (6 Analysts)
Q2 EPS		$2.12
Q2 Adjusted Net Income	Beat	$110.11 mln	$104.16 mln (6 Analysts)
Q2 Net Income		$93.47 mln
Q2 Dividend		$0.42

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the consumer lending peer group is "buy"

• Wall Street's median 12-month price target for Firstcash Holdings Inc is $245.00, about 17.4% above its July 22 closing price of $208.74

• The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

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