PROG Holdings

PROG Holdings, Inc. engages in the provision of lease-purchase solutions. It offers retail sale and lease ownership of furniture, home appliances, consumer electronics, and accessories through its franchised stores and e-commerce platform. PROG Holdings was founded in 1955 and is headquartered in Draper, UT.

Earnings data Q1 2021

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Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

PROG Holdings reports robust Q4 performance amidst economic challenges

PROG Holdings demonstrated strong performance in Q4 2022 with improved portfolio metrics and record e-commerce GMV.
While facing challenges in the operating environment, the company is focused on growth pillars and prudent financial management.
Opportunities lie in deeper integrations with retailers, monitoring credit trends, and enhancing partnerships for future growth.
Overall, PROG Holdings remains cautiously optimistic about the future and appreciative of team efforts in navigating challenges.

PROG Holdings beats Q1 earnings, eyes growth amid economic challenges

PROG Holdings reported strong financial performance in Q1 2023, exceeding earnings expectations.
The company faces challenges in the economic environment but is focused on profitability and technology investments.
Opportunities for growth lie in potential easing of inflationary pressures and strategies to drive sales for partners.
Overall, PROG Holdings is navigating challenges while leveraging strengths to capitalize on opportunities for future success.

PROG Holdings surpasses Q2 expectations, eyes growth opportunities ahead

PROG Holdings' Q2 performance exceeded expectations, driven by strong customer payment behavior and strategic initiatives to enhance e-commerce business. While facing challenges such as increased SG&A expenses and competition, the company is well-positioned to capitalize on opportunities like the normalization of the 90-day buyout trend. Overall, PROG Holdings remains optimistic about its growth trajectory and financial performance for the year.

PROG Holdings surpasses Q3 expectations amidst retail challenges and opportunities

PROG Holdings delivered strong Q3 results with higher revenues and adjusted EBITDA, despite challenges in Progressive Leasing's GMV and consumer relief programs.
The company's focus on growth funding, strategic M&A, and shareholder returns underscores its commitment to long-term value creation and financial stability.
Balancing optimism and caution in the macro environment, PROG Holdings aims to navigate uncertainties while maximizing opportunities for growth and operational efficiency.
With a solid operational performance and capital allocation priorities in place, the company remains well-positioned to address challenges and leverage opportunities for future success.

PROG Holdings reports resilient Q4 performance, eyes e-commerce growth

PROG Holdings navigated challenges in 2023 with strong operational performance and e-commerce growth. The company is focused on enhancing technology, expanding business development, and returning value to shareholders through dividends and share repurchases.

PROG Holdings (PRG) exceeds Q1 expectations, focuses on growth pillars

PROG Holdings (PRG) delivered strong Q1 performance with GMV rebound and EBITDA exceeding expectations.
Strategic focus on growth pillars, technology initiatives, and marketplace development positions the company for future success.
Challenges in negative comps and balancing profitability highlight areas for improvement and strategic focus.

PROG Holdings surpasses Q2 expectations, eyes growth through strategic initiatives

PROG Holdings delivered strong Q2 results driven by strategic pillars, exceeding expectations in GMV growth and revenue. Challenges include segment revenue decline and write-off rates. The company is focused on capitalizing on opportunities for growth through credit tightening benefits and strategic initiatives.

PROG Holdings exceeds Q3 expectations, poised for growth in 2025

PROG Holdings delivered strong Q3 results with GMV growth and revenue surpassing expectations.
The company's strategic focus on growth pillars and partnerships positions it well for future expansion.
Maintaining effective risk management and financial stability are key priorities for sustained growth.
Revised 2024 outlook shows positive momentum and opportunities for revenue expansion.

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PROG Holdings, Inc. engages in the provision of lease-purchase solutions. It offers retail sale and lease ownership of furniture, home appliances, consumer electronics, and accessories through its franchised stores and e-commerce platform. It operates through the following segments: Progressive Leasing, Vive, and Four. The Progressive segment offers lease-to-own ownership of durable goods. The Vive segment provides services to customers who may not qualify to purchase goods and services from merchants. The Four segment includes provision of credit backgrounds with Buy Now, Pay Later “BNPL”. The company was founded in 1955 and is headquartered in Draper, UT.

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, announced today its Board of Directors declared a quarterly cash dividend of $0.12 per share of common stock, payable on December 3, 2024, to shareholders of record as of the close of business on November 19, 2024. About PROG Holdings, Inc. PROG Holdings, Inc. (NYSE:PRG) is a fintech holding company headquartered in Salt Lake City, U.

PROG Holdings, Inc. Declares Dividend

PROG Holdings, Inc. (NYSE:PRG ) Q3 2024 Earnings Conference Call October 23, 2024 8:30 AM ET Company Participants John Baugh - Vice President, Investor Relations Steve Michaels - President and Chief Executive Officer Brian Garner - Chief Financial Officer Conference Call Participants Brad Thomas - KeyBanc John Hecht - Jefferies Anthony Chukumba - Loop Capital Markets Hoang Nguyen - T.D. Cowen Bobby Griffin - Raymond James Vincent Caintic - BTIG Operator Good day and thank you for standing by.

PROG Holdings, Inc. (PRG) Q3 2024 Earnings Call Transcript

PROG Holdings (PRG) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.90 per share a year ago.

PROG Holdings (PRG) Surpasses Q3 Earnings and Revenue Estimates

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build today announced financial results for the third quarter ended September 30, 2024. "We are pleased to report another strong quarter, highlighted by 11.6% GMV growth and a return to revenue growth in our Progressive Leasing segment" said PROG Holdings President and CEO Steve Michaels. This momentum is driven by the effectiveness of our.

PROG Holdings Reports Third Quarter 2024 Results

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, is scheduled to release financial results for the third quarter of 2024 on Wednesday, October 23, 2024 prior to the market open. The company has also scheduled a live webcast for October 23, 2024 at 8:30 A.M. ET to discuss its financial results for the third quarter of 2024. The webcast can be accessed via the below link, or through.

PROG Holdings, Inc. to Release Third Quarter 2024 Financial Results on October 23, 2024

SALT LAKE CITY--(BUSINESS WIRE)--Progressive Leasing, a leading provider of e-commerce, app-based, and in-store lease-to-own solutions owned by fintech holding company PROG Holdings, Inc. (NYSE:PRG), will be featured alongside Best Buy, ChargeAfter and other leaders in the retail and payments industry at the 2024 MAG Payments Conference September 16-19 in Orlando, Florida. Session Name: Check Your Balances: How Financial Inclusion is Defining a Generation Panel Participants: Nathan Roe, Chief C.

Progressive Leasing and Best Buy Leaders Featured on Panel to Discuss Financial Inclusion Trends at Merchant Advisory Group Payments Conference

Investors need to pay close attention to PROG Holdings (PRG) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in PROG Holdings (PRG) Stock?

PROG Holdings (PRG) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Fast-paced Momentum Stock PROG Holdings (PRG) Is Still Trading at a Bargain

Here is how PROG Holdings (PRG) and Arthur J. Gallagher (AJG) have performed compared to their sector so far this year.

Has Prog Holdings (PRG) Outpaced Other Finance Stocks This Year?

SALT LAKE CITY--(BUSINESS WIRE)--Progressive Leasing, a leading provider of e-commerce, app-based, and in-store lease-to-own solutions owned by fintech holding company PROG Holdings, Inc. (NYSE: PRG), today announced an agreement to power lease-to-own payment solutions for American Signature, Inc., owner of American Signature Furniture and Value City Furniture. As one of the nation's largest home furnishing retailers, American Signature owns and operates over 120 stores nationwide. “We chose to.

American Signature, Inc. Selects Progressive Leasing as Exclusive Lease-to-Own Partner

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, PROG Holdings (PRG) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover PROG Holdings (PRG) Is a Great Choice for Value Investors

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PROG Holdings, Inc. (NYSE:PRG ) Q2 2024 Earnings Conference Call July 24, 2024 8:30 AM ET Company Participants John Baugh - Vice President, Investor Relations Steve Michaels - President and Chief Executive Officer Brian Garner - Chief Financial Officer Conference Call Participants Brad Thomas - KeyBanc Capital Markets Hoang Nguyen - TD Cowen Bobby Griffin - Raymond James Anthony Chukumba - Loop Capital Markets Vincent Caintic - BTIG Operator Good day and thank you for standing by. Welcome to PROG Holding's Second Quarter Earnings Conference Call.

PROG Holdings, Inc. (PRG) Q2 2024 Earnings Call Transcript

PROG Holdings (PRG) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.92 per share a year ago.

PROG Holdings (PRG) Surpasses Q2 Earnings and Revenue Estimates

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build today announced financial results for the second quarter ended June 30, 2024. "We are pleased to report a strong second quarter that exceeded our outlook on all key metrics, particularly on GMV, which grew 7.9% year-over-year" said PROG Holdings President and CEO Steve Michaels. "Second quarter GMV growth reflects our continued invest.

PROG Holdings Reports Second Quarter 2024 Results

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, is scheduled to release financial results for the second quarter of 2024 on Wednesday, July 24, 2024, prior to market open. The Company has also scheduled a live webcast for July 24, 2024, at 8:30 A.M. ET to discuss its financial results for the second quarter of 2024. The webcast can be accessed via the below link, or through the Ev.

PROG Holdings, Inc. to Release Second Quarter 2024 Financial Results on July 24, 2024

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG) today announced its subsidiary company, Progressive Leasing, the leading provider of flexible and transparent lease-to-own purchase options, has been honored as a Silver Stevie® Award winner in the Customer Service Department of the Year - Financial Services category of the 2024 American Business Awards®. A pioneer in the virtual lease-to-own space, this is the second consecutive year Progressive Leasing has been honored by the Ste.

Progressive Leasing Honored as Silver Stevie® Award Winner in 2024 American Business Awards®

Despite Fast-paced Momentum, PROG Holdings (PRG) Is Still a Bargain Stock

PROG Holdings (PRG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in PROG Holdings (PRG): Can Its 5.5% Jump Turn into More Strength?

PROG Holdings (PRG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes PROG Holdings (PRG) a New Strong Buy Stock

PROG Holdings, Inc. (PRG) Q1 2024 Earnings Call Transcript

News for PROG Holdings Stock (PRG)