FirstCash Holdings Shares Rise on Strong 1Q, Upgraded 2026 Outlook

Dow Jones04-23
 

By Adriano Marchese

 

Shares of FirstCash Holdings rose Thursday, reaching a 52-week high, after the company reported stronger-than-expected earnings in the first quarter, and said that the outlook for the rest of the year continues to be positive.

The company's shares were recently up 7.8% at $221.63.

The pawn-shop and consumer-lending company said it is raising its expectations for growth in pawn segment revenues, driven by same-store sales growth and better-than-anticipated revenue contributions from stores it had acquired in 2025.

FirstCash expects its pawn business to drive nearly 90% of total revenue and profit in 2026, it said.

In the U.S., the company forecast pawn-fee growth in the mid-teens percentage points and retail sales growth of 10% or more. Previously, the company had expected low-double-digit revenue growth.

It noted that in Latin America, performance improved as well, with pawn-fee growth now expected in the high teens, up from high single-digits expectations, alongside stronger retail sales. In the U.K., with 2026 income guidance increasing by roughly $10 million, it said.

For its first quarter, the company reported income of $1.05 billion, up from $836.4 million. Revenue topped analyst forecasts of $1 billion.

Higher net revenue pushed earnings up. Net income rose to $107.7 million, up from $83.6 million in the year-ago quarter.

Adjusted earnings of $2.69 a share topped expectations of $2.33 a share, according to FactSet.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

April 23, 2026 11:07 ET (15:07 GMT)

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