CURO Group Hlds

CURO Group Holdings Corp. is a consumer finance company, which engages in the provision of services and lending products for under banked consumers. The firm operates through the following segments: United States, Canada, and the United Kingdom. The United States segment operates the Speedy Cash, Rapid Cash, and Avio Credit brands. The Canada segment provides installment loans through the online brand Lend Direct and also operates Cash Money. The company was founded by Douglas Rippel, Chadwick Faulkner, and Michael McKnight in 1997 and is headquartered in Wichita, KS.

Earnings data Q2 2020

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Earnings data Q1 2023

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Earnings data Q3 2024

CURO Group reports Q4 results, focuses on sustainability and growth

CURO Group's Q4 2022 performance saw revenue decline YoY, with a focus on operational efficiency and sustainable growth.
Despite challenges like net losses and credit tightening, the company is strategically positioning itself for future stability and profitability.
Opportunities lie in improving delinquencies, evaluating strategic options for Flexiti, and enhancing liquidity and capacity.
The company's outlook for Q1 2023 includes targets for receivables, revenue, and managing net charge-offs.

CURO Group Holdings reports solid Q1 performance and strategic growth

CURO Group Holdings delivered a strong performance in Q1 2023, focusing on responsible growth and operational efficiency.
The company's emphasis on credit quality, liquidity management, and strategic options positions it well for future opportunities.
While facing challenges in operational transitions and market dynamics, CURO remains vigilant and adaptable to potential risks.
Overall, CURO's strategic initiatives and prudent approach to growth reflect a resilient and forward-thinking financial strategy.

CURO Group Hlds reports improved credit quality and operational efficiencies

CURO Group Hlds' Q2 2023 earnings call showcased improvements in credit quality and operational efficiencies, despite a net loss for the quarter. The company's strategic focus on responsible growth and technology enhancements positions it well for future success, with opportunities for streamlining operations and potential growth in the upcoming quarter.

CURO Group Hlds reports solid Q3 performance and strategic milestones

CURO Group Holdings delivered a solid performance in Q3 2023, with growth in loan portfolio, improved credit quality, and reduced operating expenses.
The company's strategic focus on direct lending and cost management has strengthened its financial position and operational efficiency.
While facing challenges in maintaining credit quality and regulatory compliance, CURO has opportunities to expand its lending business and drive growth.
Overall, CURO's Q3 results reflect a balanced approach to managing risks, enhancing performance, and pursuing growth opportunities.

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CURO Group Holdings Corp. is a consumer finance company, which engages in the provision of services and lending products for under banked consumers. It operates through the following segments: U.S. Direct Lending Canada Direct Lending, and Canada POS Lending. The company was founded by Douglas Rippel, Chadwick Faulkner, and Michael McKnight in 1997 and is headquartered in Chicago, IL.

CURO Group Holdings has filed for bankruptcy protection to implement the terms of a Restructuring Support Agreement (RSA) supported by about 74% of its lenders.

Consumer Credit Lender CURO Files for Bankruptcy Protection

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (OTC: CURO) (“CURO” or the “Company”) today announced that, on March 22, 2024, it entered into a Restructuring Support Agreement (“RSA”) that is supported by holders (or their investment managers) of more than 74% of each of: (i) loans under the Company's First Lien Credit Agreement (“1L Lenders”), (ii) the Company's 7.500% Senior 1.5 Lien Secured Notes due 2028 (the “1.5L Notes” and, such parties, the “1.5L Noteholders”), and (iii) the Compan.

CURO Group Holdings Corp. to Reduce Debt and Strengthen Financial Position Through Restructuring Support Agreement; Implements Prepackaged Restructuring Plan by Commencing Voluntary Chapter 11 Reorganization

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (OTC: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the United States and Canada, today announced that it has received notice on behalf of certain holders of the Company's 7.500% Senior 1.5 Lien Secured Notes due 2028 (the “1.5L Noteholders”) and certain holders of the Company's 7.500% Senior Secured Notes due 2028 (the “2.0L Noteholders”) that the requisite 1.5L Noteholders and requisite 2.0L N.

CURO Group Holdings Corp. Enters Forbearance Agreement Amendments and Waiver Amendment to Allow for Continued Constructive Discussions with Lenders and Stakeholders

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of CURO Group Holdings Corp. (the “Company”) — ticker symbol CURO — from the NYSE. Trading in the Company's common stock will be suspended immediately. NYSE Regulation reached its decision to delist the Company's common stock pursuant to Section 802.01B of the NYSE's Listed Company Manual because the C.

NYSE to Commence Delisting Proceedings Against CURO Group Holdings Corp. (CURO)

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the United States and Canada, today announced that it entered into forbearance agreements (the “Forbearance Agreements”) with the holders of approximately 84% of the outstanding aggregate principal amount of the Company's 7.500% Senior 1.5 Lien Secured Notes due 2028 (the “1.5L Noteholders”) and the holders of approximately 74% of the outstand.

CURO Group Holdings Corp. Enters Forbearance Agreements and Waiver to Allow for Continued Constructive Discussions with Lenders and Stakeholders

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, today announced the expiration and results of its previously announced consent solicitation (the “Consent Solicitation”) from all registered holders (individually, a “Holder,” and collectively, the “Holders”) of the Company's outstanding 7.500% Senior 1.5 Lien Secured Notes due 2028 (the “Notes”), issued pursuant to the In.

CURO Group Holdings Corp. Announces Expiration and Results of Consent Solicitation for its 7.500% Senior 1.5 Lien Secured Notes Due 2028

Curo Group (CURO) came out with a quarterly loss of $1.05 per share versus the Zacks Consensus Estimate of a loss of $0.65. This compares to loss of $0.80 per share a year ago.

Curo Group (CURO) Reports Q4 Loss, Misses Revenue Estimates

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, today announced preliminary financial results for its fourth quarter and full year ended December 31, 2023. "Throughout 2023, we executed on our plan to enhance our underwriting and credit performance and simplify our overall operations, including consolidating our U.S. footprint onto one loan management system and further.

CURO Group Holdings Corp. Reports Preliminary Fourth Quarter and Full Year 2023 Financial Results

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, today announced that it is soliciting consents (the “Consent Solicitation”) from all registered holders (individually, a “Holder,” and collectively, the “Holders”) of its outstanding 7.500% Senior 1.5 Lien Secured Notes due 2028 (the “Notes”), issued pursuant to the Indenture, dated as of May 15, 2023 (the “Indenture”), am.

CURO Group Holdings Corp. Announces Consent Solicitation for 7.500% Senior 1.5 Lien Secured Notes Due 2028

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, announced today that its fourth quarter and full year 2023 financial results will be released before market open on Wednesday, February 7, 2024. CURO will host a conference call to discuss its results at 8:00 a.m. Eastern Time on Wednesday, February 7. 2024. The live webcast of the call can be accessed at the CURO Investors website at http.

CURO to Announce Fourth Quarter and Full Year 2023 Financial Results on Wednesday, February 7, 2024

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, today announced that on November 3, 2023, Heights Financing II, LLC, an indirect wholly-owned subsidiary of CURO, entered into a new $140 million asset-backed warehouse facility to finance future loans originated by Heights Finance and affiliated entities. The capacity of this facility may be increased to $175 million upon satisfaction of.

CURO Group Holdings Corp. Closes Two Non-Recourse Facilities and Flexiti Escrow

CURO Group Holdings Corp. (CURO) Q3 2023 Earnings Conference Call Transcript

Curo Group (CURO) came out with a quarterly loss of $0.81 per share versus the Zacks Consensus Estimate of a loss of $0.89. This compares to loss of $0.29 per share a year ago.

Curo Group (CURO) Reports Q3 Loss, Lags Revenue Estimates

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, today announced financial results for its third quarter ended September 30, 2023. “The third quarter marked another significant milestone with the sale of the Flexiti business which allows us to focus on being an industry leader in Direct Lending in the U.S. and Canada,” said Doug Clark, Chief Executive Officer at CURO. “W.

CURO Group Holdings Corp. Reports Third Quarter 2023 Financial Results

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE:CURO) today announced that on October 27, 2023, it received notice (the “Notice”) from the New York Stock Exchange (NYSE) that it is no longer in compliance with the NYSE continued listing standards set forth in Section 802.01C of the NYSE's Listed Company Manual due to the fact that the average closing price of the Company's common stock, par value $0.10 per share (the “Common Stock”), over the prior 30 consecutive trading days was belo.

CURO Group Holdings Corp. Receives Continued Listing Standard Notice From the NYSE

Curo Group (CURO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Curo Group (CURO) Q3 Earnings Expected to Decline

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE:CURO) today announced that on October 16, 2023, it received notice (the “Notice”) from the New York Stock Exchange (NYSE) that it is no longer in compliance with the NYSE continued listing standards set forth in Section 802.01B of the NYSE's Listed Company Manual due to the fact that the Company's average global market capitalization over a consecutive 30 trading-day period was less than $50 million while its stockholders' equity was les.

CURO Group Holdings Corp. Receives Continued Listing Standard Notice from the NYSE

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, announced today that its third quarter 2023 financial results will be released before market open on Thursday, November 2, 2023. CURO will host a conference call to discuss its results at 8:30 a.m. Eastern Time on Thursday, November 2, 2023. The live webcast of the call can be accessed at the CURO Investors website at http://ir.curo.com/,.

CURO to Announce Third Quarter 2023 Financial Results on Thursday, November 2, 2023

CURO's subsidiary, CURO Intermediate Holdings, completes the sale of its Canadian point-of-sale business, FLX Holding, to Questrade.

CURO Completes Sale of Canadian Business, Flexiti, to Questrade

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, today announced Bob Hurzeler, Chief Executive Officer of Flagship Credit Acceptance, has been appointed to CURO's Board of Directors effective September 1, 2023. In addition, CURO also announced it has completed the sale of its Canadian point-of-sale business, FLX Holding Corp. (“Flexiti”), to Questrade Financial Group Inc. After deal and.

CURO Announces Addition of New Independent Director Bob Hurzeler to CURO's Board and Completion of Flexiti Sale

CURO's subsidiary, Heights Finance, faces lawsuit for deceptively pushing struggling borrowers to refinance short-term loans and placing them in continuous debt.

CURO Subsidiary Sued for Misleading Consumer Loan Borrowers

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, today received notice via a press release of a complaint filed by the Consumer Financial Protection Bureau (“CFPB”). The complaint relates to certain small loans originated by Heights Finance's subsidiaries prior to its acquisition in 2021. CURO has previously disclosed the underlying civil investigative demand and our rel.

CURO Comments on Consumer Financial Protection Bureau Matter

A U.S. consumer finance regulator sued a subsidiary of fintech lender Curo Group Holdings Corp. on Tuesday, alleging it pushed struggling borrowers to refinance short-term loans to keep them in debt and reap fees.

Curo Group subsidiary sued by U.S. regulator for 'churning' consumer loans

CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, today announced an agreement with Toronto, Ontario-based payment technology company DirectPay (a Payment Source Inc. owned company), to further enhance CURO's consumer loan repayment capabilities. Beginning in August 2023, CURO's ~250,000 Cash Money and LendDirect customers in Canada will be able to choose Interac e-Transfer® to make highl.

CURO Group Holdings Corp. Announces Agreement With DirectPay, Allowing Canadian Customer Payments Through e-Transfer

CURO Group Holdings Corp. (NYSE:CURO ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Douglas Clark - Chief Executive Officer Ismail Dawood - Chief Financial Officer Nicholas Panarese - Director Corporate Development Conference Call Participants John Hecht - Jefferies LLC Vincent Caintic - Stephens John Rowan - Janney Operator Good morning, ladies and gentlemen, and welcome to the CURO Q2 2023 Conference Call. [Operator Instructions] This call is being recorded on Thursday, August 3, 2023.

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