View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsFranchise Group 향후 성장Future 기준 점검 3/6현재 Franchise Group 의 성장과 수익을 예측할 만큼 분석가의 범위가 충분하지 않습니다.핵심 정보91.4%이익 성장률88.23%EPS 성장률Specialty Retail 이익 성장9.6%매출 성장률4.4%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트17 Aug 2023최근 향후 성장 업데이트공지 • Jan 25Franchise Group, Inc. Reaffirms Earnings Guidance for the Year 2022Franchise Group, Inc. reaffirmed earnings guidance for the year 2022. The Company also announced that it expects to report fiscal 2022 results in line with or exceeding the financial outlook it previously provided on November 3, 2022, which indicated that the Company’s total reported revenue is expected to be approximately $4.3 billion.공지 • Nov 04+ 1 more updateFranchise Group, Inc. Provides Earnings Guidance for the Fiscal Year 2022Franchise Group, Inc. provided earnings guidance for the fiscal year 2022. The outlook for revenue will remain at approximately $4.3 billion.공지 • Aug 06Franchise Group, Inc. Revises Revenue Guidance for the Fiscal Year 2022Franchise Group, Inc. revised revenue guidance for the fiscal year 2022. For the fiscal year 2022, the company expects revenue of approximately $4.3 billion from $4.45 billion.공지 • May 08Franchise Group, Inc. Provides Earnings Guidance for the Fiscal Year 2022Franchise Group, Inc. provided earnings guidance for the fiscal year 2022. For the period, the company expects revenue of approximately $4.45 billion.공지 • Feb 24+ 1 more updateFranchise Group, Inc. Reiterates Earnings Guidance for 2022Franchise Group, Inc. reiterated earnings guidance for 2022. Revenue of approximately $4.45 billion, net income of approximately $180 million or $4.20 per share.공지 • Dec 10Franchise Group, Inc. Announces Earnings Guidance for Fiscal Year 2022Franchise Group, Inc. announced earnings guidance for fiscal year 2022. For the fiscal year 2022, the Company expects to generate revenue of approximately $4.45 billion, net income of approximately $180 million or $4.20 per share.모든 업데이트 보기Recent updates공지 • Aug 22Senior management team of Franchise Group, Inc. led by Brian Kahn, Chief Executive Officer completed the acquisition of remaining 64% stake in Franchise Group, Inc. (NasdaqGM:FRG).Senior management team of Franchise Group, Inc. led by Brian Kahn, Chief Executive Officer made a non-binding proposal to acquire remaining 64% stake in Franchise Group, Inc. (NasdaqGM:FRG) for approximately $730 million on March 20, 2023. Senior management team of Franchise Group, Inc. led by Brian Kahn, Chief Executive Officer entered into a definitive agreement and plan of merger to acquire remaining 64% stake in Franchise Group, Inc. from Vintage Capital Management, LLC and others on May 10, 2023. The buyer will acquire all of the outstanding shares of Franchise for a price of $30 per share in cash. The consortium has also received definitive financing commitments from third party lenders and institutional investors, including B. Riley Financial Inc. and Irradiant Partners, to finance a portion of the purchase price. The Management Group has agreed to rollover their shares of common stock of the Company in connection with, and vote their shares of common stock in favor of, the proposed merger. The Merger Agreement also includes a 30 day “go shop” period that will allow Franchise Group to affirmatively solicit alternative proposals from interested parties. Upon completion of the proposed merger, Franchise Group will become a private company and will no longer be publicly listed or traded on NASDAQ. Franchise Group’s management team, including Brian Kahn, is expected to continue to lead the Company. The Merger Agreement further provides that, upon termination of the Merger Agreement under certain specified circumstances, FRG will be required to pay a termination fee of $20.72 million and buyers will be required to pay FRG a termination fee of $55 million. B. Riley has committed to capitalize Parent at the closing of the Merger with an aggregate equity contribution up to $560 million on the terms and subject to the conditions set forth in an equity commitment letter. Certain financial institutions have agreed to provide with debt financing in an aggregate principal amount of up to $475 million on the terms and subject to the conditions set forth in a debt commitment letter. The non-binding proposal is subject to certain conditions to acquire all of the outstanding shares of Franchise. Transaction is subject to satisfaction or waiver of customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Act, approval by regulatory authorities and the approval of the shareholders of Franchise Group. The independent directors of Franchise Group’s Board of Directors have unanimously approved the proposed merger based upon the unanimous recommendation of a Special Committee of the Board of Directors. The Franchise Group approved all proposals related to the proposed acquisition. The proposed merger is anticipated to close in the second half of 2023. The proposed merger is anticipated to close in early in the week of August 20, 2023. Jefferies LLC is serving as financial advisor to the Special Committee and David A. Katz and Zachary S. Podolsky of Wachtell, Lipton, Rosen & Katz is serving as legal counsels to the Special Committee. David W. Ghegan of Troutman Pepper Hamilton Sanders LLP is serving as legal counsel to Franchise Group. Willkie Farr & Gallagher LLP is serving as legal counsel for Brian Kahn. Sullivan & Cromwell LLP is serving as legal counsel for B. Riley Financial, Inc. Davis Polk & Wardwell LLP is serving as legal counsel for Irradiant Partners. Senior management team of Franchise Group, Inc. led by Brian Kahn, Chief Executive Officer completed the acquisition of remaining 64% stake in Franchise Group, Inc. (NasdaqGM:FRG) on August 21, 2023.공지 • Aug 18Franchise Group Ticks Higher Amid Nasdaq Delisting Notice for Management BuyoutFranchise Group, Inc. (NasdaqGM:FRG) ticked up 0.7% in after hours trading amid a Nasdaq delisting notice for its $30 a share sale to a management-led group. The owner of brands including Vitamin Shoppe, Buddy's Home Furnishings, and Sylvan Learning is set to have its last trading date on August 21, according to a Nasdaq notice on August 16, 2023. The Nasdaq notice comes ahead of a Franchise Group (FRG) stockholder vote on August 17, 2023 for stockholders to approve the sale to a consortium that includes Chief Executive Officer Brian Kahn as well as B. Riley Financial, Inc. (NasdaqGM:RILY) and Irradiant Partners, LP .공지 • May 12B. Riley Financial, Inc. (NasdaqGM:RILY) and Irradiant Partners, LP along with senior management lead by Brian Kahn with affiliates and related parties of the senior management team entered into a definitive agreement to acquire 64% stake in Franchise Group, Inc. (NasdaqGM:FRG) for an enterprise value of approximately $2.6 billion.B. Riley Financial, Inc. (NasdaqGM:RILY) and Irradiant Partners, LP along with senior management lead by Brian Kahn with affiliates and related parties of the senior management team entered into a definitive agreement to acquire 64% stake in Franchise Group, Inc. (NasdaqGM:FRG) for an enterprise value of approximately $2.6 billion on May 10, 2023. The consideration includes Company’s net debt and outstanding preferred stock. Under the terms of the proposed merger, Franchise Group common stockholders, other than the Management Group (the “Public Stockholders”), will receive $30.00 in cash for each share of Franchise Group common stock they hold. This represents a premium of 31.9% to the Company’s unaffected closing common stock price on March 17, 2023, the last trading day before the Company announced the receipt of an unsolicited proposal to acquire the Company from a third party. The Management Group has agreed to rollover their shares of common stock of the Company in connection with, and vote their shares of common stock in favor of, the proposed merger, with such voting obligation terminating should the Merger Agreement be validly terminated, including in connection with a “superior proposal.” The consortium has also received definitive financing commitments from third party lenders and institutional investors, including B. Riley Financial Inc. and Irradiant Partners, to finance a portion of the purchase price. Upon completion of the proposed merger, Franchise Group will become a private company and will no longer be publicly listed or traded on NASDAQ. Franchise Group’s management team, including Brian Kahn, is expected to continue to lead the Company. Franchise Group plans to continue to operate its current portfolio of highly recognized brands. The proposed merger is anticipated to close in the second half of 2023, subject to satisfaction or waiver of customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Act and the approval of the Company’s stockholders, including approval by a majority of the shares of common stock of the Company not owned or controlled by the Management Group or other members of the buyer consortium. The Merger Agreement also includes a 30 day “go shop” period that will allow the Company to affirmatively solicit alternative proposals from interested parties. The independent directors of Franchise Group’s Board of Directors have unanimously approved the proposed merger based upon the unanimous recommendation of a Special Committee of the Board of Directors, which was composed of independent directors not affiliated with the Management Group and was advised by its own financial and legal advisors. Jefferies LLC is serving as financial advisor to the Special Committee and Wachtell, Lipton, Rosen & Katz is serving as legal counsel to the Special Committee. Troutman Pepper Hamilton Sanders LLP is serving as legal counsel to Franchise Group. Willkie Farr & Gallagher LLP is serving as legal counsel for Brian Kahn. Sullivan & Cromwell LLP is serving as legal counsel for B. Riley Financial, Inc. Davis Polk & Wardwell LLP is serving as legal counsel for Irradiant Partners.공지 • Feb 17Franchise Group, Inc. to Report Fiscal Year 2022 Results on Feb 28, 2023Franchise Group, Inc. announced that they will report fiscal year 2022 results on Feb 28, 2023공지 • Jan 25Franchise Group, Inc. Reaffirms Earnings Guidance for the Year 2022Franchise Group, Inc. reaffirmed earnings guidance for the year 2022. The Company also announced that it expects to report fiscal 2022 results in line with or exceeding the financial outlook it previously provided on November 3, 2022, which indicated that the Company’s total reported revenue is expected to be approximately $4.3 billion.공지 • Jan 11+ 1 more updateFranchise Group Reportedly Could Go Private or May Bid to Buy Conn'sFranchise Group, Inc. (NasdaqGM:FRG) is considering going private in a so-called management buyout, people familiar with the matter said. The company’s management, led by Chief Executive Officer Brian Kahn, could pay a price of between $30 and $35 a share, the people said. The firm is separately eyeing a potential deal to acquire furniture chain Conn's, Inc. (NasdaqGS:CONN), the people said. Conn’s had a market cap of roughly $215 million January 10, 2023 afternoon. It is possible neither transaction will come to pass, or that both will, the people said.공지 • Dec 20Franchise Group, Inc. Approves Quarterly Cash Dividend, Payable on or About January 17, 2023Franchise Group, Inc. announced that its Board of Directors approved a quarterly cash dividend to common stockholders of $0.625 per share. The cash dividend will be paid on or about January 17, 2023 to holders of record of the Company’s common stock on the close of business on January 3, 2023.공지 • Nov 04+ 1 more updateFranchise Group, Inc. Provides Earnings Guidance for the Fiscal Year 2022Franchise Group, Inc. provided earnings guidance for the fiscal year 2022. The outlook for revenue will remain at approximately $4.3 billion.공지 • Oct 14Franchise Group, Inc. to Report Q3, 2022 Results on Nov 03, 2022Franchise Group, Inc. announced that they will report Q3, 2022 results on Nov 03, 2022공지 • Sep 03Oak Street Reportedly in $2 Billion Bid for Kohl's Real EstateOak Street Real Estate Capital LLC has made an offer to acquire as much as $2 billion of property from Kohl's Corporation (NYSE:KSS) and have the U.S. retailer lease back its stores, according to people familiar with the matter. Oak Street's interest offers Kohl's another chance to cut a deal after negotiations to sell itself to Franchise Group, Inc. (NasdaqGM:FRG), owner of the Vitamin Shoppe, for almost $8 billion fell through in July over the department store operator's deteriorating business prospects. Oak Street had sought to help finance Franchise Group's bid. Oak Street has now offered between $1.5 billion and $2 billion to buy real estate from Kohl's and the two sides have met in the last few days to discuss a possible deal, the sources said. There is no certainty that negotiations will continue and that a deal will be reached, the sources added. It's not clear how many of Kohl's 1,100 stores would be involved in any deal with Oak Street. Oak Street representatives declined to comment, while a Kohl's spokesperson could not be reached for comment.공지 • Aug 06Franchise Group, Inc. Revises Revenue Guidance for the Fiscal Year 2022Franchise Group, Inc. revised revenue guidance for the fiscal year 2022. For the fiscal year 2022, the company expects revenue of approximately $4.3 billion from $4.45 billion.공지 • Aug 03Franchise Group, Inc. Announces Approval of Quarterly Common Stock Dividend, Payable on or About October 14, 2022Franchise Group, Inc. announced that its Board of Directors approved a quarterly cash dividend to common stockholders of $0.625 per share. The cash dividend will be paid on or about October 14, 2022 to holders of record of the Company’s common stock on the close of business on September 30, 2022.공지 • Jul 19Franchise Group, Inc. to Report Q2, 2022 Results on Aug 04, 2022Franchise Group, Inc. announced that they will report Q2, 2022 results on Aug 04, 2022공지 • Jul 02Kohl's Walks Away from Sale Talks with FranchiseKohl's Corporation (NYSE:KSS) said on Friday that it has terminated negotiations to sell itself to local Franchise Group, Inc. (NasdaqGM:FRG) because of the deteriorated financing and retail environment. Kohl’s entered into exclusive discussions with Franchise at the start of June, pursuing a deal worth about USD 7.7 billion (EUR 7.4 billion). However, “the current financing and retail environment created significant obstacles to reaching an acceptable and fully executable agreement,” Kohl’s said on July 1, 2022. Given the environment and market volatility, the company’s board of directors decided that “it simply was not prudent to continue pursuing a deal.” Kohl’s said that the board unanimously determined to conclude its strategic review process. As part of it, the company engaged with 25 parties of which Franchise Group emerged as a top bidder.공지 • Jun 26+ 1 more updateFranchise Group, Inc.(NasdaqGM:FRG) dropped from Russell Microcap Value IndexFranchise Group, Inc.(NasdaqGM:FRG) dropped from Russell Microcap Value Index공지 • Jun 23Franchise Group Reportedly Mulls Lowering Bid for Kohl's Closer to $50 Per ShareFranchise Group, Inc. (NasdaqGM:FRG) is considering lowering its bid for department store chain Kohl's Corporation (NYSE:KSS) to closer to $50 per share from about $60 apiece, CNBC reported, citing a source familiar with the deal talks. Shares in Kohl's fell more than 10% after the report. Franchise is considering whether buying Kohl's is the best use of the Vitamin Shoppe owner's capital, according to the report. Kohl's and Franchise Group did not immediately respond to Reuters requests for comment.공지 • Jun 09Kohl's in Advanced Buyout Talks with Franchise GroupKohl's Corporation (NYSE:KSS) said that it is in advanced talks to be sold in a deal worth about $8 billion. The Wisconsin chain said late June 6, 2022 that it was in a three-week exclusive takeover period with the owner of Vitamin Shoppe for $60 per share. The buyer, Franchise Group, Inc. (NasdaqGM:FRG) will make final financing arrangements and complete due diligence before signing off on the deal during that period. Last month Kohl's CEO Michelle Gass said that the company had received multiple offers from parties looking to buy the business. At the time the department store chain said that its board was working with Goldman Sachs to explore strategic alternatives, which had included engaging with 25 parties. The board had requested fully-financed final bids to be submitted. The potential deal between Kohl's and Franchise Group still needs approval from the boards of both companies.공지 • May 20Franchise Group, Inc. (NasdaqGM:FRG) announces an Equity Buyback for $500 million worth of its shares.Franchise Group, Inc. (NasdaqGM:FRG) announces a share repurchase program. Under the program, the company will repurchase up to $500 million worth of its common shares. The program will be valid for a period of 3 years.공지 • May 18+ 1 more updateFranchise Group, Inc. Announces the Election of Two New Independent DirectorsFranchise Group, Inc. announced that its shareholders elected Nanhi Singh and Gary S. Rich to its Board of Directors. Ms. Singh will serve on the Audit Committee and Mr. Rich will serve on the Compensation Committee. Following the appointments of Ms. Singh and Mr. Rich, the Board will comprise seven directors, six of whom are independent. Ms. Singh is currently the Chief Customer Officer at Imperva, Inc. (Imperva). Ms. Singh has been with Imperva since January 2020 and is on the executive management team with direct responsibilities for all post-sales customer facing functions, including technical support, managed services, consulting and professional services, customer success management and renewal sales. Ms. Singh has over 30 years of experience in software and technology companies, where she has held various leadership positions, including at Symantec Corporation and Blue Coat Systems. Ms. Singh's extensive career in technology provides substantial additional expertise to the Board. Ms. Singh received her Bachelor's degree in Business at Delhi University. Mr. Rich is the founder of Rich Leadership, a leadership advisory firm since 2007, where he provides counsel to CEO's and their Boards on issues of leadership development and organization performance management. Mr. Rich is also a director of Stingray Group, Mercon Coffee Group (International Coffee Producers and Traders) and Menai Financial Group. Mr. Rich has served in many executive roles over his career including President of QSP, a division of The Readers Digest Association, Chief Human Resources Officer at The Readers Digest Association and ACNielsen, as well as various executive positions at American Express. Mr. Rich’s management background provides substantial additional expertise to the Board. Mr. Rich holds a master’s degree in Organizational Psychology from Columbia University.공지 • May 08Franchise Group, Inc. Provides Earnings Guidance for the Fiscal Year 2022Franchise Group, Inc. provided earnings guidance for the fiscal year 2022. For the period, the company expects revenue of approximately $4.45 billion.공지 • Apr 23Franchise Group, Inc., Annual General Meeting, May 17, 2022Franchise Group, Inc., Annual General Meeting, May 17, 2022, at 10:30 US Eastern Standard Time. Agenda: To consider Election of seven directors to the Board of Directors, each to serve until the 2023 annual meeting and until their successors are elected and qualified; to consider Approval, in an advisory and non-binding vote, of the compensation of the Company's named executive officers as disclosed in the Proxy Statement; to consider Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022; and to Transact any other business that properly comes before the 2022 Annual Meeting and any adjournment or postponement thereof.공지 • Apr 19Franchise Group, Inc. to Report Q1, 2022 Results on May 05, 2022Franchise Group, Inc. announced that they will report Q1, 2022 results on May 05, 2022공지 • Feb 24+ 1 more updateFranchise Group, Inc. Reiterates Earnings Guidance for 2022Franchise Group, Inc. reiterated earnings guidance for 2022. Revenue of approximately $4.45 billion, net income of approximately $180 million or $4.20 per share.공지 • Feb 08Franchise Group, Inc. to Report Q4, 2021 Results on Feb 23, 2022Franchise Group, Inc. announced that they will report Q4, 2021 results on Feb 23, 2022공지 • Dec 10Franchise Group, Inc. Announces Earnings Guidance for Fiscal Year 2022Franchise Group, Inc. announced earnings guidance for fiscal year 2022. For the fiscal year 2022, the Company expects to generate revenue of approximately $4.45 billion, net income of approximately $180 million or $4.20 per share.공지 • Nov 24Franchise Group, Inc. (NasdaqGM:FRG) acquired W.S. Badcock Corporation from family approximately $580 million.Franchise Group, Inc. (NasdaqGM:FRG) acquired W.S. Badcock Corporation from family for transaction valued at approximately $580 million on November 22, 2021. Franchise acquired W.S. Badcock Corporation in an all cash transaction valued at approximately $580 million. J.P. Morgan arranged for $575 million in new term loans to finance the transaction (the “Financing”). For Badcock’s fiscal year end June 30, 2021, Badcock generated consolidated revenue of approximately $901.9 million and Adjusted EBITDA of approximately $139.5 million. Revenue and Adjusted EBITDA include financial results from all three discrete Badcock businesses. For fiscal year 2022, Franchise Group expects the transaction will be at least $0.5 accretive to Non-GAAP EPS. Willkie Farr & Gallagher LLP, Troutman Pepper Hamilton Sanders LLP and DLA Piper LLP acted as legal advisors to Franchise Group. Mann, Armistead & Epperson, Ltd. acted as financial advisor and Trenam Law acted as legal counsel to W.S. Badcock Corporation. Franchise Group, Inc. (NasdaqGM:FRG) completed the acquisition of W.S. Badcock Corporation from family on November 22, 2021.공지 • Sep 29Franchise Group, Inc. (NasdaqGM:FRG) completed the acquisition of Sylvan Learning, Inc. from Educate, Inc. in a transaction valued at $81 million.Franchise Group, Inc. (NasdaqGM:FRG) acquired Sylvan Learning, Inc. from Educate, Inc. in a transaction valued at $81 million on September 27, 2021. The Transaction was financed with available cash. Transaction is expected to be immediately Accretive to earnings. Willkie Farr & Gallagher LLP acted as legal advisor to Franchise Group, Inc. DLA Piper LLP acted as legal advisor to Franchise Group, Inc. Tyton Partners acted as financial advisor to Sylvan Learning, Inc. Tyton Partners acted as legal advisor to Sylvan Learning, Inc. Franchise Group, Inc. (NasdaqGM:FRG) completed the acquisition of Sylvan Learning, Inc. from Educate, Inc. on September 27, 2021.공지 • Aug 05Franchise Group, Inc. Provides Earnings Guidance for 2021Franchise Group, Inc. provided earnings guidance for 2021. For the period, the company expects revenue in the range from $3.0 billion - $3.1 billion to at least $3.05 billion.공지 • May 08Franchise Group, Inc. Maintains Revenue Guidance for 2021Franchise Group, Inc. maintaining prior guidance of revenue of $3 billion to $3.1 billion for 2021.공지 • May 05Franchise Group, Inc. Approves Quarterly Cash Dividend, Payable on or About July 15, 2021Franchise Group, Inc. announced that its board of directors approved a quarterly dividend to common stockholders of $0.375 per share. The cash dividend will be paid on or about July 15, 2021 to holders of record of the company’s common stock on the close of business on July 1, 2021.공지 • Mar 12Franchise Group, Inc. (NasdaqGM:FRG) completed the acquisition of Pet Supplies Plus, LLC from Sentinel Capital Partners VI-A, L.P. managed by Sentinel Capital Partners, L.L.CFranchise Group, Inc. (NasdaqGM:FRG) entered into a definitive agreement to acquire Pet Supplies Plus, LLC from Sentinel Capital Partners VI-A, L.P. managed by Sentinel Capital Partners, L.L.C. in a transaction valued at approximately $700 million on January 23, 2021. In connection with the signing of the definitive agreement, Franchise Group entered into commitments arranged by J.P. Morgan, Citizens Bank and Credit Suisse for $1.3 billion in new term loan credit facilities to refinance the Company’s existing term loan for its Buddy’s Home Furnishings, American Freight and Liberty Tax businesses and provide acquisition financing for the Transaction, including commitments from an affiliate of B. Riley Financial for up to $300 million in unsecured financings. The Closing of the Transaction is subject to the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as well as other customary closing conditions. The Transaction is expected to close in March 2021. The Transaction will be immediately accretive to its Non-GAAP EPS in 2021. B. Riley Securities served as financial advisor and Daniel Mun, Russell Leaf, David Tarr, Guy Inbar and Rose Ohanesian of Willkie Farr & Gallagher LLP served as legal counsel to Franchise Group. Piper Sandler, North Point, and Robert W. Baird & Co. served as financial advisors to Pets Supplies Plus and Kramer Levin provided legal counsel. Kramer Levin Naftalis & Frankel LLP acted as legal advisor to Sentinel Capital Partners, L.L.C. Franchise Group, Inc. (NasdaqGM:FRG) completed the acquisition of Pet Supplies Plus, LLC from Sentinel Capital Partners VI-A, L.P. managed by Sentinel Capital Partners, L.L.C on March 10, 2021.공지 • Mar 05Franchise Group, Inc. to Report Q4, 2020 Results on Mar 10, 2021Franchise Group, Inc. announced that they will report Q4, 2020 results on Mar 10, 2021공지 • Jan 26Franchise Group, Inc. (NasdaqGM:FRG) entered into a definitive agreement to acquire Pet Supplies Plus, LLC from Sentinel Capital Partners, L.L.C. in a transaction valued at approximately $700 million.Franchise Group, Inc. (NasdaqGM:FRG) entered into a definitive agreement to acquire Pet Supplies Plus, LLC from Sentinel Capital Partners, L.L.C. in a transaction valued at approximately $700 million on January 25, 2021. In connection with the signing of the definitive agreement, Franchise Group entered into commitments arranged by J.P. Morgan, Citizens Bank and Credit Suisse for $1.3 billion in new term loan credit facilities to refinance the Company’s existing term loan for its Buddy’s Home Furnishings, American Freight and Liberty Tax businesses and provide acquisition financing for the Transaction, including commitments from an affiliate of B. Riley Financial for up to $300 million in unsecured financings. The Closing of the Transaction is subject to the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as well as other customary closing conditions. The Transaction is expected to close in March 2021. The Transaction will be immediately accretive to its Non-GAAP EPS in 2021. B. Riley Securities served as financial advisor and Willkie Farr & Gallagher LLP served as legal counsel to Franchise Group. Piper Sandler, North Point, and Robert W. Baird & Co. served as financial advisors to Pets Supplies Plus and Kramer Levin provided legal counsel.공지 • Nov 13bebe stores, inc. (OTCPK:BEBE) acquired 47 Buddy’s locations of Franchise Group from Franchise Group, Inc. (NasdaqGM:FRG) for $35 million.bebe stores, inc. (OTCPK:BEBE) acquired 47 Buddy’s locations of Franchise Group from Franchise Group, Inc. (NasdaqGM:FRG) for $35 million on November 11, 2020. The transaction will be funded by a 1.5 million primary share purchase by B. Riley Financial at a price of $5 per share, a $22 million secured loan led by MILFAM, LLC, and available cash on hand. The company intends to use the proceeds of this transaction to repay $35 million of its term loan. bebe stores, inc. (OTCPK:BEBE) completed the acquisition of 47 Buddy’s locations of Franchise Group from Franchise Group, Inc. (NasdaqGM:FRG) on November 11, 2020.공지 • Nov 12Franchise Group, Inc. Refranchises 47 Buddy’s Locations for $35 million and Signs a Development Deal for 20 Locations with bebe stores, incFranchise Group, Inc. announced it has refranchised 47 Buddy’s locations to bebe stores, inc. for $35 million. The agreement also includes a planned development schedule for bebe to open 20 new Buddy’s locations. The Company intends to use the proceeds of this transaction to repay $35 million of its term loan. The impact of the refranchising agreement will reduce the Company’s annual revenue by approximately $35 million and Adjusted EBITDA by approximately $6 million, excluding any future impact from the franchisee’s new store openings.공지 • Oct 28Franchise Group, Inc. to Report Q3, 2020 Results on Nov 04, 2020Franchise Group, Inc. announced that they will report Q3, 2020 results on Nov 04, 2020이익 및 매출 성장 예측NasdaqGM:FRGA.P - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20254,7080N/A75112/31/20244,46555N/A30412/31/20234,169-114N/A23217/1/20234,311-290-952N/A4/1/20234,367-198-85-27N/A12/31/20224,398-77-91-37N/A9/24/20224,22475-207-158N/A6/25/20224,002233-96-51N/A3/26/20223,769224-739N/A12/25/20213,25518358106N/A9/25/20212,8044179127N/A6/26/20212,5133150198N/A3/27/20212,148-45157201N/A12/26/20202,0308200241N/A9/26/20201,624-12078113N/A6/27/20201,105-130-123N/A3/28/2020631-119-123N/A12/28/2019202-8-69-62N/A10/31/201916311216N/A7/31/201913311721N/A4/30/2019N/AN/A1417N/A1/31/2019157-82227N/A10/31/2018172-92632N/A7/31/2018173-92129N/A4/30/201817501928N/A1/31/201817552332N/A10/31/201717592132N/A7/31/2017175132740N/A4/30/201717413N/A32N/A1/31/201716716N/A36N/A10/31/201617218N/A28N/A7/31/201617319N/A23N/A4/30/201617319N/A30N/A1/31/201616814N/A10N/A10/31/201516211N/A28N/A7/31/20151629N/A32N/A4/30/20151629N/A25N/A1/31/201516714N/A40N/A10/31/201416016N/A31N/A7/31/201416019N/A35N/A4/30/201416022N/A43N/A1/31/201415018N/A29N/A10/31/201314815N/A28N/A7/31/201314818N/A30N/A4/30/201314817N/A28N/A1/31/20131298N/A13N/A10/31/201213312N/A13N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: FRGA.P 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(2.2%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: FRGA.P (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: FRGA.P 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: FRGA.P 의 수익(연간 4.4%)이 US 시장(연간 11.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: FRGA.P 의 수익(연간 4.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: FRGA.P의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YRetail 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/08/22 12:01종가2023/08/18 00:00수익2023/07/01연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Franchise Group, Inc.는 7명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Brian HollendenAegis Capital CorporationAlexander ParisBarrington Research Associates, Inc.Susan AndersonB. Riley Securities, Inc.4명의 분석가 더 보기
공지 • Jan 25Franchise Group, Inc. Reaffirms Earnings Guidance for the Year 2022Franchise Group, Inc. reaffirmed earnings guidance for the year 2022. The Company also announced that it expects to report fiscal 2022 results in line with or exceeding the financial outlook it previously provided on November 3, 2022, which indicated that the Company’s total reported revenue is expected to be approximately $4.3 billion.
공지 • Nov 04+ 1 more updateFranchise Group, Inc. Provides Earnings Guidance for the Fiscal Year 2022Franchise Group, Inc. provided earnings guidance for the fiscal year 2022. The outlook for revenue will remain at approximately $4.3 billion.
공지 • Aug 06Franchise Group, Inc. Revises Revenue Guidance for the Fiscal Year 2022Franchise Group, Inc. revised revenue guidance for the fiscal year 2022. For the fiscal year 2022, the company expects revenue of approximately $4.3 billion from $4.45 billion.
공지 • May 08Franchise Group, Inc. Provides Earnings Guidance for the Fiscal Year 2022Franchise Group, Inc. provided earnings guidance for the fiscal year 2022. For the period, the company expects revenue of approximately $4.45 billion.
공지 • Feb 24+ 1 more updateFranchise Group, Inc. Reiterates Earnings Guidance for 2022Franchise Group, Inc. reiterated earnings guidance for 2022. Revenue of approximately $4.45 billion, net income of approximately $180 million or $4.20 per share.
공지 • Dec 10Franchise Group, Inc. Announces Earnings Guidance for Fiscal Year 2022Franchise Group, Inc. announced earnings guidance for fiscal year 2022. For the fiscal year 2022, the Company expects to generate revenue of approximately $4.45 billion, net income of approximately $180 million or $4.20 per share.
공지 • Aug 22Senior management team of Franchise Group, Inc. led by Brian Kahn, Chief Executive Officer completed the acquisition of remaining 64% stake in Franchise Group, Inc. (NasdaqGM:FRG).Senior management team of Franchise Group, Inc. led by Brian Kahn, Chief Executive Officer made a non-binding proposal to acquire remaining 64% stake in Franchise Group, Inc. (NasdaqGM:FRG) for approximately $730 million on March 20, 2023. Senior management team of Franchise Group, Inc. led by Brian Kahn, Chief Executive Officer entered into a definitive agreement and plan of merger to acquire remaining 64% stake in Franchise Group, Inc. from Vintage Capital Management, LLC and others on May 10, 2023. The buyer will acquire all of the outstanding shares of Franchise for a price of $30 per share in cash. The consortium has also received definitive financing commitments from third party lenders and institutional investors, including B. Riley Financial Inc. and Irradiant Partners, to finance a portion of the purchase price. The Management Group has agreed to rollover their shares of common stock of the Company in connection with, and vote their shares of common stock in favor of, the proposed merger. The Merger Agreement also includes a 30 day “go shop” period that will allow Franchise Group to affirmatively solicit alternative proposals from interested parties. Upon completion of the proposed merger, Franchise Group will become a private company and will no longer be publicly listed or traded on NASDAQ. Franchise Group’s management team, including Brian Kahn, is expected to continue to lead the Company. The Merger Agreement further provides that, upon termination of the Merger Agreement under certain specified circumstances, FRG will be required to pay a termination fee of $20.72 million and buyers will be required to pay FRG a termination fee of $55 million. B. Riley has committed to capitalize Parent at the closing of the Merger with an aggregate equity contribution up to $560 million on the terms and subject to the conditions set forth in an equity commitment letter. Certain financial institutions have agreed to provide with debt financing in an aggregate principal amount of up to $475 million on the terms and subject to the conditions set forth in a debt commitment letter. The non-binding proposal is subject to certain conditions to acquire all of the outstanding shares of Franchise. Transaction is subject to satisfaction or waiver of customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Act, approval by regulatory authorities and the approval of the shareholders of Franchise Group. The independent directors of Franchise Group’s Board of Directors have unanimously approved the proposed merger based upon the unanimous recommendation of a Special Committee of the Board of Directors. The Franchise Group approved all proposals related to the proposed acquisition. The proposed merger is anticipated to close in the second half of 2023. The proposed merger is anticipated to close in early in the week of August 20, 2023. Jefferies LLC is serving as financial advisor to the Special Committee and David A. Katz and Zachary S. Podolsky of Wachtell, Lipton, Rosen & Katz is serving as legal counsels to the Special Committee. David W. Ghegan of Troutman Pepper Hamilton Sanders LLP is serving as legal counsel to Franchise Group. Willkie Farr & Gallagher LLP is serving as legal counsel for Brian Kahn. Sullivan & Cromwell LLP is serving as legal counsel for B. Riley Financial, Inc. Davis Polk & Wardwell LLP is serving as legal counsel for Irradiant Partners. Senior management team of Franchise Group, Inc. led by Brian Kahn, Chief Executive Officer completed the acquisition of remaining 64% stake in Franchise Group, Inc. (NasdaqGM:FRG) on August 21, 2023.
공지 • Aug 18Franchise Group Ticks Higher Amid Nasdaq Delisting Notice for Management BuyoutFranchise Group, Inc. (NasdaqGM:FRG) ticked up 0.7% in after hours trading amid a Nasdaq delisting notice for its $30 a share sale to a management-led group. The owner of brands including Vitamin Shoppe, Buddy's Home Furnishings, and Sylvan Learning is set to have its last trading date on August 21, according to a Nasdaq notice on August 16, 2023. The Nasdaq notice comes ahead of a Franchise Group (FRG) stockholder vote on August 17, 2023 for stockholders to approve the sale to a consortium that includes Chief Executive Officer Brian Kahn as well as B. Riley Financial, Inc. (NasdaqGM:RILY) and Irradiant Partners, LP .
공지 • May 12B. Riley Financial, Inc. (NasdaqGM:RILY) and Irradiant Partners, LP along with senior management lead by Brian Kahn with affiliates and related parties of the senior management team entered into a definitive agreement to acquire 64% stake in Franchise Group, Inc. (NasdaqGM:FRG) for an enterprise value of approximately $2.6 billion.B. Riley Financial, Inc. (NasdaqGM:RILY) and Irradiant Partners, LP along with senior management lead by Brian Kahn with affiliates and related parties of the senior management team entered into a definitive agreement to acquire 64% stake in Franchise Group, Inc. (NasdaqGM:FRG) for an enterprise value of approximately $2.6 billion on May 10, 2023. The consideration includes Company’s net debt and outstanding preferred stock. Under the terms of the proposed merger, Franchise Group common stockholders, other than the Management Group (the “Public Stockholders”), will receive $30.00 in cash for each share of Franchise Group common stock they hold. This represents a premium of 31.9% to the Company’s unaffected closing common stock price on March 17, 2023, the last trading day before the Company announced the receipt of an unsolicited proposal to acquire the Company from a third party. The Management Group has agreed to rollover their shares of common stock of the Company in connection with, and vote their shares of common stock in favor of, the proposed merger, with such voting obligation terminating should the Merger Agreement be validly terminated, including in connection with a “superior proposal.” The consortium has also received definitive financing commitments from third party lenders and institutional investors, including B. Riley Financial Inc. and Irradiant Partners, to finance a portion of the purchase price. Upon completion of the proposed merger, Franchise Group will become a private company and will no longer be publicly listed or traded on NASDAQ. Franchise Group’s management team, including Brian Kahn, is expected to continue to lead the Company. Franchise Group plans to continue to operate its current portfolio of highly recognized brands. The proposed merger is anticipated to close in the second half of 2023, subject to satisfaction or waiver of customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Act and the approval of the Company’s stockholders, including approval by a majority of the shares of common stock of the Company not owned or controlled by the Management Group or other members of the buyer consortium. The Merger Agreement also includes a 30 day “go shop” period that will allow the Company to affirmatively solicit alternative proposals from interested parties. The independent directors of Franchise Group’s Board of Directors have unanimously approved the proposed merger based upon the unanimous recommendation of a Special Committee of the Board of Directors, which was composed of independent directors not affiliated with the Management Group and was advised by its own financial and legal advisors. Jefferies LLC is serving as financial advisor to the Special Committee and Wachtell, Lipton, Rosen & Katz is serving as legal counsel to the Special Committee. Troutman Pepper Hamilton Sanders LLP is serving as legal counsel to Franchise Group. Willkie Farr & Gallagher LLP is serving as legal counsel for Brian Kahn. Sullivan & Cromwell LLP is serving as legal counsel for B. Riley Financial, Inc. Davis Polk & Wardwell LLP is serving as legal counsel for Irradiant Partners.
공지 • Feb 17Franchise Group, Inc. to Report Fiscal Year 2022 Results on Feb 28, 2023Franchise Group, Inc. announced that they will report fiscal year 2022 results on Feb 28, 2023
공지 • Jan 25Franchise Group, Inc. Reaffirms Earnings Guidance for the Year 2022Franchise Group, Inc. reaffirmed earnings guidance for the year 2022. The Company also announced that it expects to report fiscal 2022 results in line with or exceeding the financial outlook it previously provided on November 3, 2022, which indicated that the Company’s total reported revenue is expected to be approximately $4.3 billion.
공지 • Jan 11+ 1 more updateFranchise Group Reportedly Could Go Private or May Bid to Buy Conn'sFranchise Group, Inc. (NasdaqGM:FRG) is considering going private in a so-called management buyout, people familiar with the matter said. The company’s management, led by Chief Executive Officer Brian Kahn, could pay a price of between $30 and $35 a share, the people said. The firm is separately eyeing a potential deal to acquire furniture chain Conn's, Inc. (NasdaqGS:CONN), the people said. Conn’s had a market cap of roughly $215 million January 10, 2023 afternoon. It is possible neither transaction will come to pass, or that both will, the people said.
공지 • Dec 20Franchise Group, Inc. Approves Quarterly Cash Dividend, Payable on or About January 17, 2023Franchise Group, Inc. announced that its Board of Directors approved a quarterly cash dividend to common stockholders of $0.625 per share. The cash dividend will be paid on or about January 17, 2023 to holders of record of the Company’s common stock on the close of business on January 3, 2023.
공지 • Nov 04+ 1 more updateFranchise Group, Inc. Provides Earnings Guidance for the Fiscal Year 2022Franchise Group, Inc. provided earnings guidance for the fiscal year 2022. The outlook for revenue will remain at approximately $4.3 billion.
공지 • Oct 14Franchise Group, Inc. to Report Q3, 2022 Results on Nov 03, 2022Franchise Group, Inc. announced that they will report Q3, 2022 results on Nov 03, 2022
공지 • Sep 03Oak Street Reportedly in $2 Billion Bid for Kohl's Real EstateOak Street Real Estate Capital LLC has made an offer to acquire as much as $2 billion of property from Kohl's Corporation (NYSE:KSS) and have the U.S. retailer lease back its stores, according to people familiar with the matter. Oak Street's interest offers Kohl's another chance to cut a deal after negotiations to sell itself to Franchise Group, Inc. (NasdaqGM:FRG), owner of the Vitamin Shoppe, for almost $8 billion fell through in July over the department store operator's deteriorating business prospects. Oak Street had sought to help finance Franchise Group's bid. Oak Street has now offered between $1.5 billion and $2 billion to buy real estate from Kohl's and the two sides have met in the last few days to discuss a possible deal, the sources said. There is no certainty that negotiations will continue and that a deal will be reached, the sources added. It's not clear how many of Kohl's 1,100 stores would be involved in any deal with Oak Street. Oak Street representatives declined to comment, while a Kohl's spokesperson could not be reached for comment.
공지 • Aug 06Franchise Group, Inc. Revises Revenue Guidance for the Fiscal Year 2022Franchise Group, Inc. revised revenue guidance for the fiscal year 2022. For the fiscal year 2022, the company expects revenue of approximately $4.3 billion from $4.45 billion.
공지 • Aug 03Franchise Group, Inc. Announces Approval of Quarterly Common Stock Dividend, Payable on or About October 14, 2022Franchise Group, Inc. announced that its Board of Directors approved a quarterly cash dividend to common stockholders of $0.625 per share. The cash dividend will be paid on or about October 14, 2022 to holders of record of the Company’s common stock on the close of business on September 30, 2022.
공지 • Jul 19Franchise Group, Inc. to Report Q2, 2022 Results on Aug 04, 2022Franchise Group, Inc. announced that they will report Q2, 2022 results on Aug 04, 2022
공지 • Jul 02Kohl's Walks Away from Sale Talks with FranchiseKohl's Corporation (NYSE:KSS) said on Friday that it has terminated negotiations to sell itself to local Franchise Group, Inc. (NasdaqGM:FRG) because of the deteriorated financing and retail environment. Kohl’s entered into exclusive discussions with Franchise at the start of June, pursuing a deal worth about USD 7.7 billion (EUR 7.4 billion). However, “the current financing and retail environment created significant obstacles to reaching an acceptable and fully executable agreement,” Kohl’s said on July 1, 2022. Given the environment and market volatility, the company’s board of directors decided that “it simply was not prudent to continue pursuing a deal.” Kohl’s said that the board unanimously determined to conclude its strategic review process. As part of it, the company engaged with 25 parties of which Franchise Group emerged as a top bidder.
공지 • Jun 26+ 1 more updateFranchise Group, Inc.(NasdaqGM:FRG) dropped from Russell Microcap Value IndexFranchise Group, Inc.(NasdaqGM:FRG) dropped from Russell Microcap Value Index
공지 • Jun 23Franchise Group Reportedly Mulls Lowering Bid for Kohl's Closer to $50 Per ShareFranchise Group, Inc. (NasdaqGM:FRG) is considering lowering its bid for department store chain Kohl's Corporation (NYSE:KSS) to closer to $50 per share from about $60 apiece, CNBC reported, citing a source familiar with the deal talks. Shares in Kohl's fell more than 10% after the report. Franchise is considering whether buying Kohl's is the best use of the Vitamin Shoppe owner's capital, according to the report. Kohl's and Franchise Group did not immediately respond to Reuters requests for comment.
공지 • Jun 09Kohl's in Advanced Buyout Talks with Franchise GroupKohl's Corporation (NYSE:KSS) said that it is in advanced talks to be sold in a deal worth about $8 billion. The Wisconsin chain said late June 6, 2022 that it was in a three-week exclusive takeover period with the owner of Vitamin Shoppe for $60 per share. The buyer, Franchise Group, Inc. (NasdaqGM:FRG) will make final financing arrangements and complete due diligence before signing off on the deal during that period. Last month Kohl's CEO Michelle Gass said that the company had received multiple offers from parties looking to buy the business. At the time the department store chain said that its board was working with Goldman Sachs to explore strategic alternatives, which had included engaging with 25 parties. The board had requested fully-financed final bids to be submitted. The potential deal between Kohl's and Franchise Group still needs approval from the boards of both companies.
공지 • May 20Franchise Group, Inc. (NasdaqGM:FRG) announces an Equity Buyback for $500 million worth of its shares.Franchise Group, Inc. (NasdaqGM:FRG) announces a share repurchase program. Under the program, the company will repurchase up to $500 million worth of its common shares. The program will be valid for a period of 3 years.
공지 • May 18+ 1 more updateFranchise Group, Inc. Announces the Election of Two New Independent DirectorsFranchise Group, Inc. announced that its shareholders elected Nanhi Singh and Gary S. Rich to its Board of Directors. Ms. Singh will serve on the Audit Committee and Mr. Rich will serve on the Compensation Committee. Following the appointments of Ms. Singh and Mr. Rich, the Board will comprise seven directors, six of whom are independent. Ms. Singh is currently the Chief Customer Officer at Imperva, Inc. (Imperva). Ms. Singh has been with Imperva since January 2020 and is on the executive management team with direct responsibilities for all post-sales customer facing functions, including technical support, managed services, consulting and professional services, customer success management and renewal sales. Ms. Singh has over 30 years of experience in software and technology companies, where she has held various leadership positions, including at Symantec Corporation and Blue Coat Systems. Ms. Singh's extensive career in technology provides substantial additional expertise to the Board. Ms. Singh received her Bachelor's degree in Business at Delhi University. Mr. Rich is the founder of Rich Leadership, a leadership advisory firm since 2007, where he provides counsel to CEO's and their Boards on issues of leadership development and organization performance management. Mr. Rich is also a director of Stingray Group, Mercon Coffee Group (International Coffee Producers and Traders) and Menai Financial Group. Mr. Rich has served in many executive roles over his career including President of QSP, a division of The Readers Digest Association, Chief Human Resources Officer at The Readers Digest Association and ACNielsen, as well as various executive positions at American Express. Mr. Rich’s management background provides substantial additional expertise to the Board. Mr. Rich holds a master’s degree in Organizational Psychology from Columbia University.
공지 • May 08Franchise Group, Inc. Provides Earnings Guidance for the Fiscal Year 2022Franchise Group, Inc. provided earnings guidance for the fiscal year 2022. For the period, the company expects revenue of approximately $4.45 billion.
공지 • Apr 23Franchise Group, Inc., Annual General Meeting, May 17, 2022Franchise Group, Inc., Annual General Meeting, May 17, 2022, at 10:30 US Eastern Standard Time. Agenda: To consider Election of seven directors to the Board of Directors, each to serve until the 2023 annual meeting and until their successors are elected and qualified; to consider Approval, in an advisory and non-binding vote, of the compensation of the Company's named executive officers as disclosed in the Proxy Statement; to consider Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022; and to Transact any other business that properly comes before the 2022 Annual Meeting and any adjournment or postponement thereof.
공지 • Apr 19Franchise Group, Inc. to Report Q1, 2022 Results on May 05, 2022Franchise Group, Inc. announced that they will report Q1, 2022 results on May 05, 2022
공지 • Feb 24+ 1 more updateFranchise Group, Inc. Reiterates Earnings Guidance for 2022Franchise Group, Inc. reiterated earnings guidance for 2022. Revenue of approximately $4.45 billion, net income of approximately $180 million or $4.20 per share.
공지 • Feb 08Franchise Group, Inc. to Report Q4, 2021 Results on Feb 23, 2022Franchise Group, Inc. announced that they will report Q4, 2021 results on Feb 23, 2022
공지 • Dec 10Franchise Group, Inc. Announces Earnings Guidance for Fiscal Year 2022Franchise Group, Inc. announced earnings guidance for fiscal year 2022. For the fiscal year 2022, the Company expects to generate revenue of approximately $4.45 billion, net income of approximately $180 million or $4.20 per share.
공지 • Nov 24Franchise Group, Inc. (NasdaqGM:FRG) acquired W.S. Badcock Corporation from family approximately $580 million.Franchise Group, Inc. (NasdaqGM:FRG) acquired W.S. Badcock Corporation from family for transaction valued at approximately $580 million on November 22, 2021. Franchise acquired W.S. Badcock Corporation in an all cash transaction valued at approximately $580 million. J.P. Morgan arranged for $575 million in new term loans to finance the transaction (the “Financing”). For Badcock’s fiscal year end June 30, 2021, Badcock generated consolidated revenue of approximately $901.9 million and Adjusted EBITDA of approximately $139.5 million. Revenue and Adjusted EBITDA include financial results from all three discrete Badcock businesses. For fiscal year 2022, Franchise Group expects the transaction will be at least $0.5 accretive to Non-GAAP EPS. Willkie Farr & Gallagher LLP, Troutman Pepper Hamilton Sanders LLP and DLA Piper LLP acted as legal advisors to Franchise Group. Mann, Armistead & Epperson, Ltd. acted as financial advisor and Trenam Law acted as legal counsel to W.S. Badcock Corporation. Franchise Group, Inc. (NasdaqGM:FRG) completed the acquisition of W.S. Badcock Corporation from family on November 22, 2021.
공지 • Sep 29Franchise Group, Inc. (NasdaqGM:FRG) completed the acquisition of Sylvan Learning, Inc. from Educate, Inc. in a transaction valued at $81 million.Franchise Group, Inc. (NasdaqGM:FRG) acquired Sylvan Learning, Inc. from Educate, Inc. in a transaction valued at $81 million on September 27, 2021. The Transaction was financed with available cash. Transaction is expected to be immediately Accretive to earnings. Willkie Farr & Gallagher LLP acted as legal advisor to Franchise Group, Inc. DLA Piper LLP acted as legal advisor to Franchise Group, Inc. Tyton Partners acted as financial advisor to Sylvan Learning, Inc. Tyton Partners acted as legal advisor to Sylvan Learning, Inc. Franchise Group, Inc. (NasdaqGM:FRG) completed the acquisition of Sylvan Learning, Inc. from Educate, Inc. on September 27, 2021.
공지 • Aug 05Franchise Group, Inc. Provides Earnings Guidance for 2021Franchise Group, Inc. provided earnings guidance for 2021. For the period, the company expects revenue in the range from $3.0 billion - $3.1 billion to at least $3.05 billion.
공지 • May 08Franchise Group, Inc. Maintains Revenue Guidance for 2021Franchise Group, Inc. maintaining prior guidance of revenue of $3 billion to $3.1 billion for 2021.
공지 • May 05Franchise Group, Inc. Approves Quarterly Cash Dividend, Payable on or About July 15, 2021Franchise Group, Inc. announced that its board of directors approved a quarterly dividend to common stockholders of $0.375 per share. The cash dividend will be paid on or about July 15, 2021 to holders of record of the company’s common stock on the close of business on July 1, 2021.
공지 • Mar 12Franchise Group, Inc. (NasdaqGM:FRG) completed the acquisition of Pet Supplies Plus, LLC from Sentinel Capital Partners VI-A, L.P. managed by Sentinel Capital Partners, L.L.CFranchise Group, Inc. (NasdaqGM:FRG) entered into a definitive agreement to acquire Pet Supplies Plus, LLC from Sentinel Capital Partners VI-A, L.P. managed by Sentinel Capital Partners, L.L.C. in a transaction valued at approximately $700 million on January 23, 2021. In connection with the signing of the definitive agreement, Franchise Group entered into commitments arranged by J.P. Morgan, Citizens Bank and Credit Suisse for $1.3 billion in new term loan credit facilities to refinance the Company’s existing term loan for its Buddy’s Home Furnishings, American Freight and Liberty Tax businesses and provide acquisition financing for the Transaction, including commitments from an affiliate of B. Riley Financial for up to $300 million in unsecured financings. The Closing of the Transaction is subject to the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as well as other customary closing conditions. The Transaction is expected to close in March 2021. The Transaction will be immediately accretive to its Non-GAAP EPS in 2021. B. Riley Securities served as financial advisor and Daniel Mun, Russell Leaf, David Tarr, Guy Inbar and Rose Ohanesian of Willkie Farr & Gallagher LLP served as legal counsel to Franchise Group. Piper Sandler, North Point, and Robert W. Baird & Co. served as financial advisors to Pets Supplies Plus and Kramer Levin provided legal counsel. Kramer Levin Naftalis & Frankel LLP acted as legal advisor to Sentinel Capital Partners, L.L.C. Franchise Group, Inc. (NasdaqGM:FRG) completed the acquisition of Pet Supplies Plus, LLC from Sentinel Capital Partners VI-A, L.P. managed by Sentinel Capital Partners, L.L.C on March 10, 2021.
공지 • Mar 05Franchise Group, Inc. to Report Q4, 2020 Results on Mar 10, 2021Franchise Group, Inc. announced that they will report Q4, 2020 results on Mar 10, 2021
공지 • Jan 26Franchise Group, Inc. (NasdaqGM:FRG) entered into a definitive agreement to acquire Pet Supplies Plus, LLC from Sentinel Capital Partners, L.L.C. in a transaction valued at approximately $700 million.Franchise Group, Inc. (NasdaqGM:FRG) entered into a definitive agreement to acquire Pet Supplies Plus, LLC from Sentinel Capital Partners, L.L.C. in a transaction valued at approximately $700 million on January 25, 2021. In connection with the signing of the definitive agreement, Franchise Group entered into commitments arranged by J.P. Morgan, Citizens Bank and Credit Suisse for $1.3 billion in new term loan credit facilities to refinance the Company’s existing term loan for its Buddy’s Home Furnishings, American Freight and Liberty Tax businesses and provide acquisition financing for the Transaction, including commitments from an affiliate of B. Riley Financial for up to $300 million in unsecured financings. The Closing of the Transaction is subject to the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as well as other customary closing conditions. The Transaction is expected to close in March 2021. The Transaction will be immediately accretive to its Non-GAAP EPS in 2021. B. Riley Securities served as financial advisor and Willkie Farr & Gallagher LLP served as legal counsel to Franchise Group. Piper Sandler, North Point, and Robert W. Baird & Co. served as financial advisors to Pets Supplies Plus and Kramer Levin provided legal counsel.
공지 • Nov 13bebe stores, inc. (OTCPK:BEBE) acquired 47 Buddy’s locations of Franchise Group from Franchise Group, Inc. (NasdaqGM:FRG) for $35 million.bebe stores, inc. (OTCPK:BEBE) acquired 47 Buddy’s locations of Franchise Group from Franchise Group, Inc. (NasdaqGM:FRG) for $35 million on November 11, 2020. The transaction will be funded by a 1.5 million primary share purchase by B. Riley Financial at a price of $5 per share, a $22 million secured loan led by MILFAM, LLC, and available cash on hand. The company intends to use the proceeds of this transaction to repay $35 million of its term loan. bebe stores, inc. (OTCPK:BEBE) completed the acquisition of 47 Buddy’s locations of Franchise Group from Franchise Group, Inc. (NasdaqGM:FRG) on November 11, 2020.
공지 • Nov 12Franchise Group, Inc. Refranchises 47 Buddy’s Locations for $35 million and Signs a Development Deal for 20 Locations with bebe stores, incFranchise Group, Inc. announced it has refranchised 47 Buddy’s locations to bebe stores, inc. for $35 million. The agreement also includes a planned development schedule for bebe to open 20 new Buddy’s locations. The Company intends to use the proceeds of this transaction to repay $35 million of its term loan. The impact of the refranchising agreement will reduce the Company’s annual revenue by approximately $35 million and Adjusted EBITDA by approximately $6 million, excluding any future impact from the franchisee’s new store openings.
공지 • Oct 28Franchise Group, Inc. to Report Q3, 2020 Results on Nov 04, 2020Franchise Group, Inc. announced that they will report Q3, 2020 results on Nov 04, 2020