Inflation ImpactInflation appears to be the key driver for higher inventory balances, making it tougher for customers to repay pawn loans and afford higher-priced items.
Inventory ConcernsWorried about EZCORP's rising inventories building and slowing turnover rate, which could imply customers are being overextended and forfeiting more.
Share Price PerformanceThe recent range-bound performance in the share price is due to the retirement of its 2025 convertible notes being more dilutive than the market was expecting.