FirstCash still sees outlook for 2026 “highly positive”

FirstCash (FCFS) stated that “the outlook for the remainder of 2026 continues to be highly positive. The company is raising its expectations for year-over-year growth in pawn segment revenues, driven by the continued growth in same-store pawn receivables and better than anticipated revenue contributions from stores acquired in 2025. Pawn operations are expected to remain the primary earnings driver as the Company expects segment income from the combined U.S., Latin America and U.K. pawn segments to be almost 90% of total net revenue and segment level pre-tax income for 2026… the company now expects mid-teen revenue growth from U.S. pawn fees in 2026 compared to the previous forecast for low double-digit growth. Expects retail merchandise sales to grow 10% or more in 2026 and will continue to target retail margins at approximately 42%. Previous guidance was for high single digit retail sales growth. Additionally, the company continues to anticipate improved year-over-year scrap jewelry sales and margins. Store operating expenses are projected to grow at a high single-digit range in 2026, primarily due to increased variable compensation expense and the significant 2025 store additions…”