PROG Holdings Outlines 2026 Revenue Guidance and Announces $100 Million Accelerated Share Repurchase Program

PROG Holdings (PRG) has provided its financial outlook for 2026, projecting revenue between $3.015 billion and $3.05 billion. The company also expects non-GAAP earnings per share (EPS) to fall within the range of $4.70 to $4.85. As part of its capital allocation strategy, the firm plans to execute a $100 million accelerated share repurchase (ASR) program. During the Q3 earnings discussion, CEO Steven Michaels highlighted significant growth across the company's ecosystem, noting that Gross Merchandise Volume (GMV) surged 59% year-over-year. This momentum contributed to a roughly 26% increase in revenue and a non-GAAP EPS of $1.06 for the current period.

By SA Transcript Insights Editor, SA News Editor · Seeking Alpha ·

PROG Holdings Outlines 2026 Revenue Guidance and Announces $100 Million Accelerated Share Repurchase Program

Tickers: $PRG

Topics: earnings report EPS GMV growth revenue growth

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