EZCORP Increases Investment in Florida and Caribbean; Expands Pawnbroking Footprint to Include Luxury Offerings
EZCORP, Inc. - Class A Non-Voting (EZPW)
Last ezcorp, inc. - class a non-voting earnings: 2/3 04:01 pm
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Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)--EZCORP, Inc. (NASDAQ: EZPW), a leading provider of pawnbroking services in the United States and Latin America and retailer of pre-owned, name-brand merchandise, today announced two investments that highlight its continuing initiatives to expand its geographic footprint and broaden its pawnbroking offerings.The Company recently increased its investment in Founders One, LLC, a private company that owns a majority interest in Simple Management Group, Inc. (SMG). This increased investment (comprised of a $15 million preferred equity contribution and a $15 million loan), along with other third-party financing secured by SMG, was used by SMG to acquire 100% of the outstanding capital stock of FFI Holdings, Inc., which owns 52 pawnbroking stores in Florida and Puerto Rico operating under the “La Familia” or “Family Financial” brand. That acquisition was completed on December 2, 2022, and with it, SMG now owns and operates a total of 73 pawnbroking stores
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EZPW
News
- Those who invested in EZCORP (NASDAQ:EZPW) three years ago are up 116% [Yahoo! Finance]Yahoo! Finance
- EZCORP, Inc. (NASDAQ: EZPW) had its price target raised by analysts at Canaccord Genuity Group Inc. from $17.00 to $18.00. They now have a "buy" rating on the stock.MarketBeat
- Ezcorp (EZPW) Exceeds Market Returns: Some Facts to Consider [Yahoo! Finance]Yahoo! Finance
- EZCORP, Inc. (NASDAQ: EZPW) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- How to Find Top-Ranked Stocks to Buy that are Generating Profits Efficiently [Yahoo! Finance]Yahoo! Finance
EZPW
Earnings
- 1/31/24 - Beat
EZPW
Sec Filings
- 4/1/24 - Form 144
- 4/1/24 - Form 4
- 3/28/24 - Form 8-K
- EZPW's page on the SEC website