FirstCash provides 2025 outlook

FirstCash (FCFS) provided 2025 outlook: driven by the “strong” Q1 results and continued demand for pawn loans, the outlook for 2025 remains “highly positive, with expected year-over-year growth in income driven by the continued growth in earning asset balances coupled with store additions. Pawn operations are expected to remain the primary earnings driver in 2025 as the company expects segment income from the combined U.S. and Latin America pawn segments to be over 80% of total segment level pre-tax income for the full year. The company expects further growth in the pawn store base in 2025 through a combination of new store openings and potential acquisitions”. “…the current market environment remains extremely strong for our pawn-focused business model. Pawn products do well in challenging or uncertain economic cycles and combine well with a deep-value retail sales channel that has limited direct impact from tariffs. With our excellent balance sheet and cash flows, we have a strong platform to continue to drive expected long-term growth in revenues, earnings and shareholder value,” stated CEO Wessel.