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FirstCash FirstCash Reports Strong Third Quarter Results ; Announces 18 - Store U.S. Pawn Acquisition ; Declares $ 0.30 Quarterly Cash Dividend October 20 , 2021 FORT WORTH , Texas , Oct. 20 , 2021 ( GLOBE NEWSWIRE ) -- FirstCash , Inc. ( the “ Company " ) ( Nasdaq : FCFS ) , the leading international operator of over 2,800 retail pawn stores in the U.S. and Latin America , today announced operating results for the three and nine month periods ended September 30 , 2021 , and the completion of a U.S. pawn acquisition . In addition , the Board of Directors declared a $ 0.30 per share quarterly cash dividend to be paid in November 2021 . Mr. Rick Wessel , chief executive officer , stated , " Revenue and earnings momentum continued to accelerate in the third quarter , driven by 29 % growth in pawn receivables over this time last year and the continued strength of retail operations in both the U.S. and Latin America . Resulting store - level profit before taxes increased 37 % in the third quarter compared to last year . We are well positioned entering the fourth quarter , with expectations of further growth in pawn demand coupled with fresh , well - stocked merchandise inventories to support holiday retail sales . " FirstCash also continues to invest in growth opportunities and provide shareholder returns utilizing its strong balance sheet and cash flows . We are pleased to announce an 18 - store acquisition of U.S. pawn stores in the Gulf Coast region which gives us a total of 96 store additions in the U.S. and Latin America this year . In addition to the quarterly cash dividends paid to our shareholders , we have repurchased 688,000 shares of stock year - to date . " This release contains adjusted earnings measures , which exclude certain extraordinary and / or non - cash expenses , which are non - GAAP financial measures . Please refer to the descriptions and reconciliations to GAAP of these and other non - GAAP financial measures at the end of this release . In thousands , except per share amounts Revenue Net income Diluted earnings per share EBITDA ( non - GAAP measure ) Weighted - average diluted shares $ $ $ $ Three Months Ended September 30 , As Reported ( GAAP ) 2021 2020 $ $ $ $ 399,674 $ 33,396 $ 0.82 $ 63,331 $ 40,516 359,890 $ 15,062 $ 0.36 $ 34,174 41,536 $ Nine Months Ended September 30 , As Reported ( GAAP ) 2021 1,197,191 $ 95,538 $ 2.34 $ 184,072 $ 40,789 Adjusted ( Non - GAAP ) 2021 399,674 $ 34,041 $ 0.84 $ 64,217 $ 40,516 2020 1,239,126 $ 73,853 $ 1.77 $ 152,760 $ 41,691 2020 359,890 24,453 0.59 46,333 41,536 Adjusted ( Non - GAAP ) 2021 1,197,191 $ 98,007 $ 2.40 $ 187,342 $ 40,789 In thousands , except per share amounts Revenue Net income Diluted earnings per share EBITDA ( non - GAAP measure ) Weighted - average diluted shares Consolidated Earnings Highlights • Diluted earnings per share for the third quarter increased 128 % on a GAAP basis and increased 42 % on an adjusted non - GAAP basis compared to the prior - year quarter . Year - to - date diluted earnings per share increased 32 % on a GAAP basis and increased 11 % on an adjusted non - GAAP basis compared to the prior year . Prior - year GAAP results include expenses associated with the favorable refinancing of the Company's senior notes in the third quarter of 2020 . 2020 1,239,126 90,620 2.17 174,869 41,691 • EBITDA and Adjusted EBITDA ( non - GAAP measures ) for the third quarter increased 85 % and 39 % , respectively , compared to the prior - year quarter . For the year - to - date nine month period , EBITDA increased 20 % while adjusted EBITDA increased 7 % compared to the same period last year . • Operating results in the third quarter reflect increased earning asset levels from a year ago and continued growth in revenues and profitability in both the U.S. and Latin America segments versus the prior - year period . • Consolidated pawn loans outstanding at quarter end increased 29 % over the prior year while retail merchandise inventories increased 51 % compared to last year . • Total pawn fees , which typically lag the growth in pawn receivables , increased 22 % in the third quarter compared to the prior - year quarter , while retail sales increased 14 % .