FirstCash beats estimates on strong pawn demand

FirstCash Holdings, Inc. (FCFS) filed an SEC Form 8-K — Other Events. EXHIBIT 99.1 FirstCash Announces $200 Million Increase to Share Repurchase Program ____________________________________________________________ Fort Worth, Texas (October 28, 2026) -- FirstCash Holdings, Inc. (“FirstCash” or the “Company”) (Nasdaq: FCFS), the leading internationa

FirstCash Holdings (FCFS) expanded its stock buyback plan by $200M, totaling $350M. The company has repurchased 644,000 shares at an average price of $199.46, spending $128M. $222M remains for further repurchases. Shares rose 2.4% premarket to $189.8.

FirstCash Holdings (FCFS) increased its share repurchase authorization to $350 million. The company has repurchased 644,000 shares at an average price under its existing program. FirstCash operates over 3,300 pawn stores and focuses on growth through acquisitions and new store openings.

FirstCash Holdings reported 3Q 2026 revenue of $1.1B, net income of $101.15M, and EPS of $2.33, up 17.7%, 22.2%, and 25.3% YoY respectively. Growth driven by higher pawn fees and sales. Same-store retail sales increased in the U.S. and Latin America, while pawn loan balances also grew. The company operated 3,352 pawn stores and plans to acquire Ramsdens by year-end 2026.

FirstCash Holdings (FCFS) shares fell 5.2% after reporting a 28% year-over-year drop in operating income at its American First Finance unit, citing bankrupt merchant partners and weak furniture demand. The company expects further declines in Q4. However, its pawn business revenue grew 28%, and the dividend was raised 10%. FCFS is down 26.5% from its 52-week high but up 10.8% year-to-date.

FirstCash (FCFS) and EZCORP (EZPW) shares fell 13% and 10% respectively, despite FirstCash beating Q3 estimates with $1.1B revenue, $2.68 adjusted EPS, and a 10% dividend increase. Pawn revenue grew 28%, but gold's 2% decline may have contributed to the selloff.