About Franchise Group, Inc
Franchise Group, Inc. operates as a retailer, franchisor operator, and acquirer of franchised and franchisable businesses. It operates through 4 segments: Liberty Tax, Buddy’s, Sears Outlet, and Vitamin Shoppe. The company provides tax preparation services in the United States and Canada; and franchises and operates rent-to-own stores that lease durable goods, such as electronics, residential furniture, appliances, and household accessories to customers. It also operates as a retailer primarily focused on providing customers with in-store and online access to purchase new, one-of-a kind, out-of-box, discontinued, obsolete, used, reconditioned, overstocked, and scratched and dented products in various merchandise categories, including home appliances, mattresses, furniture, and lawn and garden equipment, at prices that are lower than list prices; and specialty retailer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products. The company also operates pet-specialty stores. The company was formerly known as Liberty Tax, Inc., and changed its name to Franchise Group, Inc. in September 2019. Franchise Group, Inc. was incorporated in 2010 and is based in Virginia Beach, Virginia. Address: 2387 Liberty Way, Virginia Beach, VA, United States, 23456
Franchise Group, Inc News and around…
Latest news about Franchise Group, Inc (FRGAP) common stock and company :
Clark Street Value, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be seen here. An annual portfolio return of 74.99% was recorded by the fund for the year 2021, versus 28.71% for the S&P 500, and an IRR since the inception of 29.12%. over the same period. […]
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley Financial" or the "Company"), a diversified provider of business advisory and financial services, today announced that its subsidiary has purchased a portfolio of performing credit receivables from W.S. Badcock Corporation ("Badcock"), a leading home furnishings company and subsidiary of Franchise Group, Inc. (NASDAQ: FRG) ("FRG").
Sharon Leite goes incognito to hear what's on employees' minds.
The Vitamin Shoppe®, an omni-channel specialty retailer of nutritional products, today announced that its CEO, Sharon Leite, will be featured in the new season of the Emmy-Award winning series UNDERCOVER BOSS. The Vitamin Shoppe episode is scheduled to air on Friday, January 21 (8:00-9:00 PM, ET/PT) on the CBS Television Network, and available to stream live and on demand on Paramount+, as part of the hit show's 11th season.
DELAWARE, Ohio, Dec. 07, 2021 (GLOBE NEWSWIRE) -- In a release issued earlier today by Franchise Group, Inc. (NASDAQ: FRG), please note that in the headline and the first paragraph, the increase to the quarterly cash dividend should be 67%, rather than 40% as originally issued. The complete corrected release follows: Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced that its Board of Directors approved a 67% increase to its quarterly cash dividend to common
DELAWARE, Ohio, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced that its Board of Directors approved a 40% increase to its quarterly cash dividend to common stockholders of $0.625 per share. The cash dividend will be paid on or about January 15, 2022 to holders of record of the Company’s common stock on the close of business on December 31, 2021. About Franchise Group, Inc.Franchise Group is an owner and operator of franc
Non-GAAP EPS of approximately $5.00Adjusted EBITDA of approximately $450 millionExpects to reduce net debt from approximately $1.7 billion to approximately $1.1 billion by the end of fiscal year 2022 DELAWARE, Ohio, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group,” “FRG,” or the “Company”) today announced its outlook for its fiscal year 2022. For the fiscal year 2022, the Company expects to generate revenue of approximately $4.45 billion, net income of app
ATCO, OLN, DDS, and FRG made it to the Zacks Rank #1 (Strong Buy) growth stocks list on December 2, 2021.
FRG, SU, and PSX made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 30, 2021.
If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Franchise Group (FRG).
FRG vs. PRPL: Which Stock Is the Better Value Option?
One of the main investing themes that defined this year was the threat of rising interest rates and inflation. Rising interest rates are also an issue for income stocks (specifically those that pay a high dividend) because the future cash flows are “discounted” at a higher rate. So, if all else remains the same, a big dividend payer becomes less valuable as interest rates rise. At least, that’s what many investors have been led to believe…InvestorPlace - Stock Market News, Stock Advice & Trading
Does Franchise Group (FRG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Franchise Group (FRG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
ONEW, BKE, BJ, and FRG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 23, 2021.
FRG, CBRE, AN, and COP made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 23, 2021.
BKE, CAL, FRG, LAZY, and MATX have been added to the Zacks Rank #1 (Strong Buy) List on November 23rd.
Announces Repayment of $182 million of Debt
Note that with the earnings reporting season officially over, insiders overall are no longer prohibited from buying or selling shares. Here are some of the most noteworthy insider purchases that were reported in the past week.
Completes $1.3 Billion Refinancing