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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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 today announced financial results for the second quarter ended June 30, 2023. "Our second quarter results exceeded our expectations, driven by strong portfolio performance and disciplined SG&A management," said Steve Michaels, PROG Holdings' President and CEO. "The stability of our lease portfolio and continuing favorable trends,.

PROG Holdings Exceeds Second Quarter 2023 Expectations, Raises Full-Year Financial Outlook

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Here is how PROG Holdings (PRG) and Redfin (RDFN) have performed compared to their sector so far this year.

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PROG Holdings (PRG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Aaron's Holdings Company, Inc. (PRG) Hit a 52 Week High, Can the Run Continue?

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 2023 on Wednesday, July 26, 2023, prior to market open. The Company has also scheduled a live webcast for Wednesday, July 26, 2023, at 8:30 A.M. ET to discuss its financial results for the second quarter of 2023. The webcast can be accessed via the below link, or thr.

PROG Holdings to Release Second Quarter 2023 Financial Results on July 26, 2023

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SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, announces Build, a financial technology company that believes everyone should have the opportunity to improve their financial health through credit building products alongside educational financial tools and information. The Build Credit Builder Account, issued by WebBank, Member FDIC, combines the benefits of an installment loan and a secu.

PROG Holdings Announces Build, an Innovative Credit Building Financial Management Tool

Aaron's Holdings Company, Inc. (PRG) Soars to 52-Week High, Time to Cash Out?

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, announces that the Company's Board of Directors has appointed Todd King as PROG Holdings' Chief Legal and Compliance Officer, effective May 15, 2023. As PROG Holdings' Chief Legal and Compliance Officer, Mr. King will be responsible for overseeing the Company's Legal, Compliance, Enterprise Risk Management (ERM), and Government Relations de.

PROG Holdings, Inc. Appoints Todd King as Chief Legal and Compliance Officer

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Here's Why PROG Holdings (PRG) is a Great Momentum Stock to Buy

SALT LAKE CITY--(BUSINESS WIRE)--There have been edits made to correct a clerical error with respect to the range of Earnings Before Taxes for Progressive Leasing set forth in the Company's Revised 2023 Outlook, and within the related Reconciliation of Revised Full Year 2023 Outlook for Adjusted EBITDA. Also, the headline for the table now titled “Gross Merchandise Volume by Quarter” was corrected from what was previously titled “Quarterly Revenues by Segment.” The updated release reads: PROG H.

CORRECTING and REPLACING PROG Holdings Exceeds First Quarter 2023 Expectations, Raises Full-Year Earnings Outlook

PROG Holdings, Inc. (PRG) Q1 2023 Earnings Call Transcript.

PROG Holdings, Inc. (PRG) Q1 2023 Earnings Call Transcript

PROG Holdings (PRG) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.57 per share a year ago.

PROG Holdings (PRG) Q1 Earnings and Revenues Surpass Estimates

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, today announced financial results for the first quarter ended March 31, 2023. "We're pleased with our strong start to the year, with first quarter results exceeding expectations due to a favorable shift in our lease dispositions and the decisive actions we have taken to strengthen our portfolio and reduce our operating expenses," said PROG.

PROG Holdings Exceeds First Quarter 2023 Expectations, Raises Full-Year Earnings Outlook

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Is Prog Holdings (PRG) a Great Value Stock Right Now?

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, is scheduled to release financial results for the first quarter of 2023 on Wednesday, April 26, 2023, prior to market open. The Company has also scheduled a live webcast for Wednesday, April 26, 2023, at 8:30 A.M. ET to discuss its financial results for the first quarter of 2023.

PROG Holdings to Release First Quarter 2023 Financial Results on April 26, 2023

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, announced today that Sridhar Nallani has joined the Company as Chief Technology Officer, effective February 14, 2023. As CTO, Mr.

PROG Holdings Announces Appointment of Sridhar Nallani as Chief Technology Officer

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc.

PROG Holdings to Participate in Four Investor Conferences During March 2023

The fintech lender is holding up well in a tough macroeconomic climate.

Why PROG Holdings Stock Is Up Big Today

PROG Holdings, Inc. (NYSE:PRG ) Q4 2022 Earnings Conference Call February 22, 2023 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 Anthony Chukumba - Loop Capital Jason Haas - Bank of America Alessandra Jimenez - Raymond James Hal Goestch - Loop Capital Vincent Caintic - Stephens Operator Good day, and thank you for standing by. Welcome to the PROG Holdings Fourth Quarter Earnings Conference Call.

PROG Holdings, Inc. (PRG) Q4 2022 Earnings Call Transcript

PROG Holdings (PRG) delivered earnings and revenue surprises of 44.83% and 2.09%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

PROG Holdings (PRG) Q4 Earnings and Revenues Surpass Estimates

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, today announced financial results for the fourth quarter ended December 31, 2022.

PROG Holdings Reports Fourth Quarter 2022 Results

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Strong Small-Cap Insider Buys: Q4 2022 Update

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In PROG To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - February 12, 2023) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against PROG Holdings, Inc. ("PROG" or the "Company") (NYSE: PRG).If you suffered losses exceeding $50,000 investing in PROG stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

News for PROG Holdings Stock (PRG)