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 Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 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.

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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.

New York, New York--(Newsfile Corp. - November 7, 2022) - 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).

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In PROG To Contact Him Directly To Discuss Their Options

PROG Holdings, Inc. (NYSE:PRG ) Q3 2022 Results Conference Call October 26, 2022 8:30 AM ET Company Participants John Baugh - VP, IR Steve Michaels - President and CEO Brian Garner - CFO Conference Call Participants Kyle Joseph - Jefferies Jason Haas - Bank of America Anthony Chukumba - Loop Capital Brad Thomas - KeyBanc Bobby Griffin - Raymond James Vincent Caintic - Stephens Hal Goetsch - Loop Capital Operator Good day, and thank you for standing by. Welcome to the PROG Holdings Third Quarter 2022 Earnings Conference Call.

PROG Holdings, Inc. (PRG) Q3 2022 Earnings Call Transcript

PROG Holdings (PRG) delivered earnings and revenue surprises of 6.25% and 0.04%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

PROG Holdings (PRG) Surpasses Q3 Earnings 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 third quarter ended September 30, 2022.

PROG Holdings Reports Third Quarter 2022 Results

PROG Holdings (PRG) 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: PROG Holdings (PRG) Q3 Earnings Expected to Decline

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. - October 16, 2022) - 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).

Prog Investor Alert

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?

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 third quarter of 2022 on Wednesday, October 26, 2022, prior to market open. The Company has also scheduled a live webcast for Wednesday, October 26, 2022, at 8:30 A.M. ET to discuss its financial results for the third quarter of 2022. The webcast can be accessed via the below link, or throug

PROG Holdings, Inc. to Release Q3 2022 Financial Results on October 26, 2022

New York, New York--(Newsfile Corp. - September 17, 2022) - Pomerantz LLP is investigating claims on behalf of investors of PROG Holdings, Inc. ("PROG" or the "Company") (NYSE: PRG). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.The investigation concerns whether PROG and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of PROG Holdings, Inc. - PRG

Los Angeles, California--(Newsfile Corp. - September 13, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of PROG Holdings, Inc. ("PROG" or "the Company") (NYSE: PRG) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in PROG Holdings, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - September 8, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of PROG Holdings, Inc. ("PROG" or "the Company") (NYSE: PRG) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in PROG Holdings, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - September 7, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of PROG Holdings, Inc. ("PROG" or "the Company") (NYSE: PRG) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in PROG Holdings, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - September 5, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of PROG Holdings, Inc. ("PROG" or "the Company") (NYSE: PRG) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

ONGOING INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in PROG Holdings, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against PROG Holdings, Inc. (“PROG” or the “Company”) (NYSE: PRG) on behalf of PROG stockholders. Our investigation concerns whether PROG has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On August 25, 2022, Pennsylvania's Attorney General filed a lawsuit against PRO

PROG ALERT: Bragar Eagel & Squire, P.C. is Investigating PROG Holdings, Inc. on Behalf of PROG Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)---- $PRG #classaction--The law firm of Kirby McInerney LLP is investigating potential claims against PROG Holdings, Inc. (“PROG” or the “Company”) (NASDAQ: PRG). The investigation concerns whether PROG and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. PROG is a holding company that provides leasing and commercial equipment finance services through its subsidiaries. On August 25, 2022, Pennsylvania's Attorney General

Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against PROG Holdings, Inc. (PRG)

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, today issued the following statement in connection with a lawsuit filed by the Pennsylvania Attorney General regarding its Progressive Leasing business: We are deeply disappointed with the Pennsylvania Attorney General's decision to file a complaint against our Progressive Leasing business. While we appreciate and support the important role

PROG Holdings Responds to Litigation Filed by Pennsylvania Attorney General

PROG Holdings Inc. (NYSE:PRG ) Q2 2022 Results Conference Call July 27, 2022 8:30 AM ET Company Participants Brian Garner - CFO John Baugh - VP, IR Steve Michaels - President, CEO Conference Call Participants Alessandra Jimenez - Raymond James Anthony Chukumba - Loop Capital Brad Thomas - KeyBanc Capital Markets Hal Goetsch - Loop Capital Jason Haas - Bank of America Kyle Joseph - Jefferies Vincent Caintic - Stephens Operator Good morning and welcome to the PROG Holdings, Inc., Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

PROG Holdings Inc. (PRG) CEO Steve Michaels on Q2 2022 Results - Earnings Call Transcript

PROG Holdings (PRG) delivered earnings and revenue surprises of 26.83% and 0.40%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

PROG Holdings (PRG) Q2 Earnings Top Estimates

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), announces an agreement with Samsung Electronics America, a leader in mobile technologies, consumer electronics, home appliances and enterprise solutions, to be the exclusive provider of lease-to-own purchase options for Samsung.com. With the addition of Progressive Leasing's flexible and transparen

Progressive Leasing Selected as Exclusive Provider of Lease-To-Own Purchase Options for Samsung.com

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 second quarter ended June 30, 2022. “In the face of significant macro-economic challenges, our team is highly focused and continues to drive the business forward as we look to increase our share of the largely unserved addressable market,” said PROG Holdings President and CEO Steve Michaels. “This w

PROG Holdings Reports Second Quarter 2022 Results

Earnings Preview: PROG Holdings (PRG) Q2 Earnings Expected to Decline

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 second quarter of 2022 on Wednesday, July 27, 2022, prior to market open. The company has scheduled a live webcast and conference call for Wednesday, July 27, 2022, at 8:30 A.M. ET to discuss its financial results for the second quarter of 2022. To access the live webcast, visit the company'

PROG Holdings, Inc. to Release Q2 2022 Financial Results on July 27, 2022

PROG Holdings, Inc. (NYSE: PRG) shares are trading lower after the company cut forward-year 2022 adjusted earnings-per-share and sales guidance below estimates. The company's revised consolidated annual outlook for 2022 is as follows cutting forward-year 2022 adjusted earnings-per-share.

Why Shares of PROG Holdings Set a New 52-Week Low Today

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, today provided an estimate of several second quarter performance metrics as well as an update to its 2022 full year outlook. These estimates reflect a challenging operating environment as U.S. inflation levels, particularly in gas, food, and housing, create pressure on the Company's lease portfolio performance and GMV production. Since the

PROG Holdings Provides Second Quarter Update and Revised Full Year Outlook

PROG Holdings, Inc. (NYSE:PRG ) Q1 2022 Earnings Conference Call April 27, 2022 8:30 AM ET Company Participants John Baugh - Vice President, Investor Relations Steven Michaels - Chief Executive Officer Brian Garner - Chief Financial Officer Conference Call Participants Kyle Joseph - Jefferies Bobby Griffin - Raymond James Anthony Chukumba - Loop Capital Jason Haas - Bank of America Brad Thomas - KeyBanc Michael Young - Truist Carla Casella - J.P. Morgan Vincent Caintic - Stephens Operator 00:04 Good morning, and welcome to the PROG Holdings Inc. First Quarter 2022 Financial Results Conference Call.

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