Franchise Group, Inc. to Announce Fiscal 2022 Third Quarter Financial Results on November 3, 2022

Rhea-AI Summary

Franchise Group, Inc. (NASDAQ: FRG) will release its fiscal 2022 third quarter financial results on November 3, 2022. A conference call will follow at 4:30 P.M. ET to discuss the results. Investors can access a real-time webcast on the company’s website. Franchise Group operates over 3,000 locations across various brands including Pet Supplies Plus and The Vitamin Shoppe, focusing on growing its portfolio and generating strong cash flow for shareholders. The company emphasizes the importance of its forward-looking statements regarding future performance.

Positive

• Plans to announce fiscal 2022 Q3 financial results, indicating ongoing business activities.
• Operates over 3,000 locations, showcasing a diverse portfolio and market presence.

Negative

• None.

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 3^rd 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 owner and operator of franchised and franchisable businesses that continually looks to grow its portfolio of brands while utilizing its operating and capital allocation philosophy to generate strong cash flow for its shareholders. Franchise Group’s business lines include Pet Supplies Plus, American Freight, The Vitamin Shoppe, Badcock Home Furniture & more, Buddy’s Home Furnishings and Sylvan Learning. On a combined basis, Franchise Group currently operates over 3,000 locations predominantly located in the U.S. that are either Company-run or operated pursuant to franchising and dealer agreements.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, projections, predictions, expectations, or beliefs about future events or results and are not statements of historical fact. Such forward-looking statements are based on various assumptions as of the time they are made, and are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are often accompanied by words that convey projected future events or outcomes such as “expect,” “believe,” “estimate,” “plan,” “project,” “anticipate,” “intend,” “will,” “may,” “view,” “opportunity,” “potential,” or words of similar meaning or other statements concerning opinions or judgment of the Company or its management about future events. Although the Company believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results, performance, or achievements of the Company will not differ materially from any projected future results, performance or achievements expressed or implied by such forward-looking statements. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, many of which are beyond the control of the Company. We refer you to the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s Annual Report on Form 10-K for the period ended December 25, 2021, and comparable sections of the Company’s Quarterly Reports on Form 10-Q and other filings, which have been filed with the SEC and are available on the SEC’s website at www.sec.gov. All of the forward-looking statements made in this press release are expressly qualified by the cautionary statements contained or referred to herein. The actual results or developments anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on the Company or its business or operations. Readers are cautioned not to rely on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made and the Company does not undertake any obligation to update, revise or clarify these forward-looking statements, whether as a result of new information, future events or otherwise.

INVESTOR RELATIONS CONTACT:
Andrew F. Kaminsky
EVP & Chief Administrative Officer
Franchise Group, Inc.
akaminsky@franchisegrp.com 
(914) 939-5161

FAQ

When will Franchise Group release its Q3 2022 earnings?

Franchise Group will release its Q3 2022 earnings on November 3, 2022.

What time is the Franchise Group conference call for Q3 2022 results?

The conference call for Q3 2022 results is scheduled for 4:30 P.M. ET on November 3, 2022.

How can I access the Franchise Group Q3 earnings call?

You can access the Q3 earnings call via a real-time webcast on Franchise Group's website.

What is the significance of Franchise Group's portfolio of brands?

Franchise Group's diverse portfolio of brands, including Pet Supplies Plus and The Vitamin Shoppe, is aimed at generating strong cash flow for shareholders.