PROG Holdings releases transcript of Q2 2026 earnings call

Reuters2026/08/03 18:14

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PROG Holdings discussed Q2 2026 results on a July 29 earnings call attended by CEO Steven Michaels, CFO Brian Garner, IR VP John Baugh.
Adjusted EBITDA from continuing operations reached USD 88.4 million; non-GAAP EPS was USD 1.19; revenue was about USD 720 million.
Management raised 2026 outlook to revenue of USD 3.025 billion-USD 3.1 billion; adjusted EBITDA of USD 355 million-USD 375 million; non-GAAP EPS of USD 4.75-USD 5.
Progressive Leasing GMV rose 3.4% to USD 428.1 million; lease merchandise write-offs were 8.4% of segment revenue; full-year write-offs targeted at 6%-8% near high end.
Four GMV rose 111% to USD 315 million; revenue was USD 35.1 million; adjusted EBITDA was USD 8.7 million; take rate held near 10%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PROG Holdings Inc. published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.

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