Franchise Group (FRG) Tops Q1 EPS by 20c

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Go back to Franchise Group (FRG) Tops Q1 EPS by 20c

Franchise Group, Inc. Announces Fiscal 2022 First Quarter Financial Results

May 5, 2022 4:01 PM EDT

Reaffirms financial outlook for fiscal 2022 Franchising momentum continues

DELAWARE, Ohio, May 05, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (Franchise Group, FRG or the Company) today announced the financial results of its fiscal 2022 first quarter. For the first quarter of fiscal 2022, total reported revenue for Franchise Group was $1.1 billion, net income from continuing operations was $12.3 million or $0.25 per fully diluted share, Adjusted EBITDA was $112.3 million and Non-GAAP EPS was $1.29 per share. On March 26, 2022, total cash on hand was approximately $149.6 million and outstanding term... More