AcquisitionsAug 6, 2026, 04:41 PM
FirstCash to Acquire Ramsdens for $308M; Q2 Revenue Up 29%
AI Summary
FirstCash Holdings, Inc. announced its plan to acquire Ramsdens for approximately $308 million, significantly strengthening its position in the U.K. pawn market by creating a combined network of almost 470 stores. The company also reported strong Q2 2026 results, with revenue up 29% and GAAP EPS increasing 58% year-over-year. For the trailing twelve months, FirstCash achieved $4.1 billion in revenue and $802 million in Adjusted EBITDA, while also repurchasing $250 million in shares year-to-date.
Key Highlights
- FirstCash to acquire Ramsdens for approximately $308 million USD.
- Ramsdens acquisition will create a combined U.K. network of almost 470 stores.
- Q2 2026 revenue increased 29% year-over-year.
- Q2 2026 GAAP EPS rose 58% and Adjusted EPS rose 40% year-over-year.
- Trailing twelve months (TTM) revenue reached $4.1 billion.
- TTM Adjusted EBITDA was $802 million and Adjusted Free Cash Flow was $309 million.
- Year-to-date, $250 million in share repurchases, acquiring 1.2 million shares.
- Current quarterly dividend of $0.42 per share, annualizing to $1.68.
Price Impact
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