Welcome to our dedicated page for Franchise Group news (Ticker: FRGAP), a resource for investors and traders seeking the latest updates and insights on Franchise Group stock.
Liberty Tax is income tax preparation at its best: friendly, accurate, and with a money-back guarantee. Founded in 1997 by CEO & tax industry expert John Hewitt, Liberty Tax is the fastest-growing tax preparation franchise ever. Originally known as Canadian company U&R Tax Depot, Liberty Tax has grown to become an industry leader with a network of over 30,000 tax preparers and almost 16 million individual tax returns prepared. With more than 4,000 offices in the U.S. and Canada, Liberty Tax stands out for its support for franchisees, unique company culture, and mission to raise the bar for all franchises.
Franchise Group, Inc. (NASDAQ: FRG) has announced its participation in three upcoming investor conferences in March 2023. These include the J.P. Morgan Global High Yield & Leveraged Finance Conference in Miami Beach on March 6, the Raymond James 44th Annual Institutional Investor Conference in Orlando on March 7, and the D.A. Davidson 6th Annual Consumer Conference in New York on March 21. The Company focuses on expanding its portfolio of franchised businesses, which includes major brands like Pet Supplies Plus and The Vitamin Shoppe, operating over 3,000 locations across the U.S.
Franchise Group, Inc. (NASDAQ: FRG) announced it will release its fiscal 2022 fourth quarter and full year financial results on February 28, 2023.
A conference call to discuss these results will be held at 4:30 P.M. ET on the same day. The call will be accessible via a real-time webcast on the Company’s website and by telephone. Franchise Group operates over 3,000 locations mainly in the U.S., encompassing brands like Pet Supplies Plus and The Vitamin Shoppe, focusing on growth through franchising and capital allocation.
Franchise Group, Inc. (NASDAQ: FRG) has successfully upsized and completed a non-fungible add-on to its existing first lien term loan amounting to $300 million. The net proceeds are primarily intended for debt repayment under the Company’s ABL credit facility. JPMorgan Chase Bank led the financing arrangement, with UBS Investment Bank and Jefferies Finance LLC as joint lead arrangers. Franchise Group operates over 3,000 locations across various brands, including Pet Supplies Plus and The Vitamin Shoppe, focusing on generating strong cash flow for shareholders.
Franchise Group, Inc. (NASDAQ: FRG) announced a $200 million add-on financing for its existing term loan due March 2026. The funds will be utilized to pay down debt under its ABL credit facility. The company expects its fiscal 2022 results to align with its previous outlook, predicting approximately $4.3 billion in total revenue and at least $350 million in Adjusted EBITDA. JPMorgan Chase Bank is the lead arranger for this financing. The management assesses that the financial outlook is subject to risks that could affect actual results.
Franchise Group, Inc. (NASDAQ: FRG) announced its participation in two investor conferences in January 2023. The events include the ICR Conference in Orlando, Florida, on January 9-10, and the CJS Securities 23rd Annual New Ideas for the New Year Conference virtually on January 11. Franchise Group operates over 3,000 franchised and company-run locations across brands like Pet Supplies Plus and The Vitamin Shoppe. The company focuses on expanding its portfolio and generating strong cash flow for shareholders.
Franchise Group (NASDAQ: FRG) has declared a quarterly cash dividend of $0.46875 per share for its Series A Cumulative Perpetual Preferred stockholders. This dividend will be payable on January 17, 2023 to stockholders of record as of the close of business on January 3, 2023. Franchise Group operates over 3,000 locations across various business lines including Pet Supplies Plus and The Vitamin Shoppe, focusing on generating strong cash flow to benefit its shareholders.
Franchise Group, Inc. (NASDAQ: FRG) announced a quarterly cash dividend of $0.625 per share, set for payment on January 17, 2023, to stockholders on record as of January 3, 2023. Franchise Group operates over 3,000 locations across various brands, including Pet Supplies Plus and The Vitamin Shoppe, aiming to enhance shareholder value through its operating philosophy and brand portfolio expansion.
Franchise Group (NASDAQ: FRG) announced its participation in key investor conferences. The events include the Stephens Annual Investment Conference on November 15, 2022, in Nashville, TN, and the Morgan Stanley Global Consumer & Retail Conference on December 6, 2022, in New York, NY. As a company focused on franchised businesses, Franchise Group operates over 3,000 locations primarily in the U.S. Their brands include Pet Supplies Plus, American Freight, and The Vitamin Shoppe. The company continues to seek growth while generating strong cash flow for shareholders.
Franchise Group, Inc. (NASDAQ: FRG) reported Q3 2022 revenue of $1.1 billion but incurred a net loss of $121.2 million, or $3.09 per share, including a $70 million goodwill impairment. The Company announced the formation of a new Home Furnishings Division, led by Peter Corsa, aimed at enhancing operational efficiency. Franchise Group also repurchased approximately 2.2 million shares for $77.9 million, reducing shares outstanding by over 5%. The fiscal 2022 outlook was revised, with revenue guidance maintained at $4.3 billion but decreased Adjusted EBITDA and Non-GAAP EPS projections.
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.
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