Pawn shops know something about the US economy that Biden doesn't: Times are still tough [USA TODAY]
FirstCash Holdings, Inc. (FCFS)
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Source: USA TODAY
The only thing he's short on is space. “Right now we have a glut of inventory,” Baron said, “which tells me that our clientele doesn't necessarily have money.” Accumulating pawn shop inventory means fewer buyers than sellers – a sign that for the lowest-income Americans, times remain tough. President Joe Biden is trying to persuade Americans that the economy is on the upswing, and he has been touting economic indicators that he says prove it: easing inflation rising job growth and wages , unemployment near record lows, a surging stock market But the president's rosy economic picture hasn't reached everyone. Two years of steep inflation has hit working families hard, especially those living paycheck to paycheck. Baron's store – called Dave's – is an icon of downtown El Paso . Outside, an Elvis statue stands with a permanently cocked hip and a guitar in hand, while the King's hits blast onto the street. The shop, which his family has owned for four generations, sits at an e
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News
- FirstCash Holdings (FCFS) Tops Q1 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
- FirstCash Reports Record First Quarter Results; Earnings per Share Increase 32% in Total and 24% on an Adjusted Basis; Announces Acquisitions of 22 U.S. Pawn Stores and 19 New Store Openings in LatAm; Declares Quarterly Cash Dividend [Yahoo! Finance]Yahoo! Finance
- FirstCash Reports Record First Quarter Results; Earnings per Share Increase 32% in Total and 24% on an Adjusted Basis; Announces Acquisitions of 22 U.S. Pawn Stores and 19 New Store Openings in LatAm; Declares Quarterly Cash DividendGlobeNewswire
- FirstCash Holdings (FCFS) to Report Q1 Results: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
- Why FirstCash (FCFS) Could Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
FCFS
Earnings
- 4/25/24 - Beat
FCFS
Analyst Actions
- 2/2/24 - Stephens & Co.
FCFS
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- FCFS's page on the SEC website