FRG - Earnings announcements

DELAWARE, Ohio, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group," "FRG" or the "Company") today announced the financial results for its fiscal second quarter ended July 1, 2023. For the second quarter of fiscal 2023, total reported revenue for Franchise Group was approximately $1.0 billion, net loss from operations was approximately $50.8 million or $1.50 per fully diluted share, Adjusted EBITDA was approximately $53.9 million and Non-GAAP EPS was a loss of $0.22 per share. On July 1, 2023, total cash on hand was approximately $106.3 million and outstanding term debt was approximately $1.4 billion. The Company currently has six reportable segments:

DELAWARE, Ohio, May 10, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group," "FRG" or the "Company") today announced the financial results for its fiscal first quarter ended April 1, 2023. For the first quarter of fiscal 2023, total reported revenue for Franchise Group was approximately $1.1 billion, net loss from operations was approximately $108.3 million or $3.16 per fully diluted share, Adjusted EBITDA was approximately $66.0 million and Non-GAAP EPS was $0.11 per share.   On April 1, 2023, total cash on hand was approximately $98.3 million and outstanding term debt was approximately $1.4 billion. The Board of Directors approved a quarterly dividend of

Franchise Group Common Stockholders to Receive $30.00 per Share in Cash Transaction Implies 31.9% Premium Over the Unaffected Stock Price Prior to Announcement on March 20, 2023 of Receipt of Unsolicited Third Party Proposal Transaction Includes a 30 day Go Shop Provision to Solicit Superior Proposals DELAWARE, Ohio, May 10, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group" or the "Company"), today announced that it has entered into a definitive agreement and plan of merger (the "Merger Agreement") pursuant to which members of the senior management team of Franchise Group led by Brian Kahn, the Company's Chief Executive Officer, (collectively with affiliates

DELAWARE, Ohio, April 18, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group" or the "Company") today announced it will release its fiscal 2023 first quarter financial results on May 10, 2023. Franchise Group will conduct a conference call on May 10th at 4:30 P.M. ET to discuss its business and financial results for the fiscal 2023 first quarter. A real-time webcast of the conference call will be available on the Events page of Franchise Group's website at www.franchisegrp.com. Dial in access is also accessible through the link on the website. Please register 5-10 minutes prior to the scheduled start time. About Franchise Group, Inc.Franchise Group is an owner

DELAWARE, Ohio, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group," "FRG" or the "Company") today announced the financial results for its fiscal fourth quarter and fiscal year ended December 31, 2022. For the fourth quarter of fiscal 2022, total reported revenue for Franchise Group was approximately $1.1 billion, net loss from continuing operations was approximately $0.7 million or $0.08 per fully diluted share, Adjusted EBITDA was approximately $65.3 million and Non-GAAP EPS was $0.47 per share.  For the full fiscal year 2022, total reported revenue for Franchise Group was approximately $4.4 billion, net loss from continuing operations was approximatel

DELAWARE, Ohio, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group" or the "Company") today announced it will release its fiscal 2022 fourth quarter and full year financial results on February 28, 2023. Franchise Group will conduct a conference call on February 28th at 4:30 P.M. ET to discuss its business and financial results for the fiscal 2022 fourth quarter and full year. A real-time webcast of the conference call will be available on the Events page of Franchise Group's website at www.franchisegrp.com. The conference call can also be accessed live via telephone at (833) 630-1956. Participants should ask to be joined to the Franchise Group Inc. ca

Repurchased approximately 2.2 million shares of common stock representing over 5% of the shares outstandingCreating Home Furnishings Division with Peter Corsa as its CEO DELAWARE, Ohio, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group," "FRG" or the "Company") today announced the financial results for its fiscal 2022 third quarter. For the third quarter of fiscal 2022, total reported revenue for Franchise Group was $1.1 billion, net loss from continuing operations was $121.2 million or $3.09 per fully diluted share, Adjusted EBITDA was $73.1 million and Non-GAAP EPS was $0.59 per share. Included in net loss from continuing operations is a goodwill

DELAWARE, Ohio, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group" or the "Company") today announced it will release its fiscal 2022 third quarter financial results on November 3, 2022. Franchise Group will conduct a conference call on November 3rd at 4:30 P.M. ET to discuss its business and financial results for the fiscal 2022 third quarter. A real-time webcast of the conference call will be available on the Events page of Franchise Group's website at www.franchisegrp.com. Dial in access is also accessible through the link on the website. Please register 5-10 minutes prior to the scheduled start time. About Franchise Group, Inc.Franchise Group is an

DELAWARE, Ohio, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group," "FRG" or the "Company") today announced the financial results of its fiscal 2022 second quarter. For the second quarter of fiscal 2022, total reported revenue for Franchise Group was $1.1 billion, net income from continuing operations was $41.0 million or $0.94 per fully diluted share, Adjusted EBITDA was $103.4 million and Non-GAAP EPS was $1.19 per share.    On June 25, 2022, total cash on hand was approximately $95.0 million and outstanding term debt was approximately $1.1 billion.   "Core to FRG is an intentional model of operational and end market diversification that is serving

DELAWARE, Ohio, July 18, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group" or the "Company") today announced it will release its fiscal 2022 second quarter financial results on August 4, 2022. Franchise Group will conduct a conference call on August 4th at 4:30 P.M. ET to discuss its business and financial results for the fiscal 2022 second quarter. A real-time webcast of the conference call will be available on the Events page of Franchise Group's website at www.franchisegrp.com. Dial in access is also accessible through the link on the website. Please register 5-10 minutes prior to the scheduled start time. About Franchise Group, Inc.Franchise Group is an o

• Reaffirms financial outlook for fiscal 2022• Franchising momentum continues DELAWARE, Ohio, May 05, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group," "FRG" or the "Company") today announced the financial results of its fiscal 2022 first quarter. For the first quarter of fiscal 2022, total reported revenue for Franchise Group was $1.1 billion, net income from continuing operations was $12.3 million or $0.25 per fully diluted share, Adjusted EBITDA was $112.3 million and Non-GAAP EPS was $1.29 per share. On March 26, 2022, total cash on hand was approximately $149.6 million and outstanding term debt was approximately $1.3 billion.   The outstanding term debt

DELAWARE, Ohio, April 18, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group" or the "Company") today announced it will release its fiscal 2022 first quarter financial results on May 5, 2022. Franchise Group will conduct a conference call on May 5th at 4:30 P.M. ET to discuss its business and financial results for the fiscal 2022 first quarter. A real-time webcast of the conference call will be available on the Events page of Franchise Group's website at www.franchisegrp.com. The conference call can also be accessed live via telephone at (866) 374-5140. The passcode is 42926723#. Please dial in 5-10 minutes prior to the scheduled start time. About Franchise Gro

DELAWARE, Ohio, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group," "FRG" or the "Company") today announced the financial results of its fiscal fourth quarter and fiscal year ended December 25, 2021. For the fourth quarter of fiscal 2021, total reported revenue for Franchise Group was $942.3 million, net income from continuing operations was $151.8 million or $3.64 per fully diluted share, Adjusted EBITDA was $86.6 million and Non-GAAP EPS was $0.77 per share. For the full fiscal year 2021, total reported revenue for Franchise Group was $3.3 billion, net income from continuing operations was $192.0 million or $4.48 per fully diluted share, Adjusted EBIT

DELAWARE, Ohio, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group" or the "Company") today announced it will release its fiscal 2021 fourth quarter and full year financial results on February 23, 2022. Franchise Group will conduct a conference call on February 23rd at 4:30 P.M. ET to discuss its business and financial results for its fiscal 2021 fourth quarter and full year. A real-time webcast of the conference call will be available on the Events page of Franchise Group's website at www.franchisegrp.com. The conference call can also be accessed live via telephone at (877) 784-1793. The passcode is 3778028. Please dial in 5-10 minutes prior to the sch

Transaction Expected to be Immediately Accretive to EarningsRegional Furniture, Mattress, Appliance Retailer Expected to Present Significant Synergy Opportunity with Existing Home Furnishing BrandsAcquisition Financed with $575 Million Addition to Existing Credit FacilityCompany To Provide Consolidated 2022 Financial Expectations Inclusive of Badcock in December DELAWARE, Ohio, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group," "FRG" or the "Company") today announced that it has completed the acquisition of W.S. Badcock Corporation ("Badcock"), a leading home furnishings company in the Southeast U.S., in an all cash transaction valued at approximately

Increases 2021 Financial Outlook to at Least $3.1 Billion in Revenue and at Least $3.80 in Non-GAAP EPSExpects Significant Growth in Revenue and Cash Flow in Fiscal 2022Franchising Momentum Accelerating DELAWARE, Ohio, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group" or the "Company") today announced the financial results of its fiscal 2021 third quarter. For the third quarter of fiscal 2021, total reported revenue for Franchise Group was $828.8 million, net income from continuing operations was $36.0 million or $0.83 per fully diluted share, Adjusted EBITDA was $80.8 million and Non-GAAP EPS was $0.97 per share. On July 2, 2021, the Company complete

DELAWARE, Ohio, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group" or the "Company") today announced it will release its fiscal 2021 third quarter financial results on November 2, 2021. Franchise Group will conduct a conference call on November 2nd at 4:30 P.M. ET to discuss its business and financial results for the third quarter of fiscal 2021. A real-time webcast of the conference call will be available on the Events page of Franchise Group's website at www.franchisegrp.com. The conference call can also be accessed live via telephone at (877) 784-1793. The passcode is 2978952. Please dial in 5-10 minutes prior to the scheduled start time. About Fra

Increases Annual Financial Outlook AgainReports Net Income from Continuing Operations of $32.5 million, Non-GAAP EPS of $1.16 per Fully Diluted Share and Adjusted EBITDA of $91.8 million DELAWARE, Ohio, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ:FRG) ("Franchise Group" or the "Company") today announced the financial results of its fiscal 2021 second quarter. For the second quarter of fiscal 2021, total reported revenue for Franchise Group was $862.8 million, net income from continuing operations was $32.5 million or $0.74 per fully diluted share, Adjusted EBITDA was $91.8 million and Non-GAAP EPS was $1.16 per share. On July 2, 2021, the Company completed the sale of