Franchise Group is an owner and operator of franchised and franchisable businesses that continually looks to grow its portfolio of brands while utilizing its operating and capital allocation philosophies to generate strong cash flow for its shareholders. Franchise Group's business lines include Pet Supplies Plus, American Freight, The Vitamin Shoppe, Buddy's Home Furnishings, and Liberty Tax Service. On a combined basis, Franchise Group currently operates over 4,600 locations predominantly located in the U.S. and Canada that are either Company-run or operated pursuant to franchising agreements.

Company profile
Ticker
FRG, FRGAP
Exchange
Website
CEO
Nicole Ossenfort
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
TiVo • Dolby Laboratories • Interdigital • Acacia Research • Xcel Brands • Virnetx Holding • Network-1 • Finjan • Digital Turbine • Joint ...
Former names
JTH Holding, Inc., Liberty Tax, Inc.
SEC CIK
Corporate docs
Subsidiaries
Franchise Group • Buddy’s Newco, LLC • Buddy’s Franchising and Licensing, LLC • American Freight Outlet Stores, LLC • Outlet Merchandise, LLC • American Freight Franchisor LLC • American Freight Franchising LLC • American Freight Group, LLC • American Freight Holdings, LLC • American Freight, LLC ...
IRS number
273561876
FRG stock data
News
Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Aug. 16, 2022: KSS, XSPA, GENI, GIGM, VLD
16 Aug 22
5 Value Stocks In The Consumer Cyclical Sector
9 Aug 22
Oppenheimer Maintains Outperform on Franchise Group, Lowers Price Target to $45
8 Aug 22
Franchise Group Q2 EPS $1.19 Misses $1.28 Estimate, Sales $1.10B Miss $1.13B Estimate
4 Aug 22
Earnings Scheduled For August 4, 2022
4 Aug 22
Press releases
TRC Healthcare and The Vitamin Shoppe® Partner to Help Consumers Choose Dietary Supplements Based on Scientific Evidence
9 Aug 22
Franchise Group, Inc. Announces Fiscal 2022 Second Quarter Financial Results
4 Aug 22
Franchise Group, Inc. Announces Approval of Quarterly Preferred Dividend
2 Aug 22
Franchise Group, Inc. Announces Approval of Quarterly Common Stock Dividend
2 Aug 22
The Vitamin Shoppe and Follett Higher Education Group Partner to Bring Health and Wellness Solutions to Campus Bookstores Across the United States
1 Aug 22
Analyst ratings and price targets
Calendar
4 Aug 22
18 Aug 22
25 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Apr 19 | Apr 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 95.04M | 95.04M | 95.04M | 95.04M | 95.04M | 95.04M |
Cash burn (monthly) | 18.19M | 7.47M | (no burn) | (no burn) | 4.16M | (no burn) |
Cash used (since last report) | 32.89M | 13.51M | n/a | n/a | 7.51M | n/a |
Cash remaining | 62.15M | 81.53M | n/a | n/a | 87.52M | n/a |
Runway (months of cash) | 3.4 | 10.9 | n/a | n/a | 21.1 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Aug 22 | Laurence Andrew M | Common Stock | Buy | Acquire P | No | No | 31.6397 | 109 | 3.45K | 431,258 |
15 Aug 22 | Laurence Andrew M | Common Stock | Payment of exercise | Dispose F | No | No | 33.23 | 9,017 | 299.63K | 431,149 |
15 Aug 22 | Laurence Andrew M | Common Stock | Option exercise | Acquire M | No | No | 11.93 | 13,948 | 166.4K | 440,166 |
15 Aug 22 | Laurence Andrew M | Common Stock | Payment of exercise | Dispose F | No | No | 33.23 | 13,496 | 448.47K | 426,218 |
15 Aug 22 | Laurence Andrew M | Common Stock | Option exercise | Acquire M | No | No | 12.01 | 20,833 | 250.2K | 439,714 |
15 Aug 22 | Laurence Andrew M | Employee Stock Options Common Stock | Option exercise | Dispose M | No | No | 11.93 | 13,948 | 166.4K | 0 |
15 Aug 22 | Laurence Andrew M | Employee Stock Options Common Stock | Option exercise | Dispose M | No | No | 12.01 | 20,833 | 250.2K | 0 |
15 Aug 22 | Kahn Brian Randall | Common Stock | Payment of exercise | Dispose F | No | No | 33.23 | 5,713 | 189.84K | 8,873,641 |
15 Aug 22 | Kahn Brian Randall | Common Stock | Option exercise | Acquire M | No | No | 11.93 | 9,299 | 110.94K | 8,879,354 |
15 Aug 22 | Kahn Brian Randall | Common Stock | Payment of exercise | Dispose F | No | No | 33.23 | 8,553 | 284.22K | 8,870,055 |
Institutional ownership, Q2 2022
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0 |
Total shares | 0 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Financial report summary
?Management Discussion
- As described above, our Liberty Tax business is reported as a discontinued operation and its results of operations are excluded from our results of operations. For the fiscal year ended April 30, 2019, Liberty Tax was our only business, therefore, no continuing operations existed for that fiscal year and comparative information is not provided.
- Revenues. The table below sets forth the components and changes in our revenue for the years ended December 25, 2021 and December 26, 2020:
- Our total revenue increased by $1.2 billion, or 60%, in the year ended December 25, 2021 compared to the year ended December 26, 2020. This increase was primarily due to the Pet Supplies Plus Acquisition on March 10, 2021, which increased revenue by $917.4 million, the Badcock Acquisition on November 22, 2021, which increased revenue by $102.1 million, and the Sylvan Acquisition on September 27, 2021, which increased revenue by $9.7 million. The $30.6 million decrease in rental revenue was due to the refranchising of 47 Buddy's' Company-owned stores on November 10, 2020 and an additional 8 stores on August 25, 2021.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
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New words:
average, BCHQ, block, cease, Collector, concurrent, Contemporaneously, discretionary, FRG, longer, Oak, Overnight, representation, resumed, SOFR, Street, transportation, twenty
Current reports
8-K
Franchise Group, Inc. Announces Fiscal 2022 Second Quarter Financial Results
3 Aug 22
8-K
Franchise Group, Inc. Announces the Sale of the W.S. Badcock Corporation Distribution Centers
24 Jun 22
8-K
Regulation FD Disclosure
7 Jun 22
8-K
Entry into a Material Definitive Agreement
6 Jun 22
8-K
Entry into a Material Definitive Agreement
25 May 22
8-K
Franchise Group, Inc. Announces Approval of Quarterly Common Stock Dividend
19 May 22
8-K
Franchise Group, Inc. Announces Fiscal 2022 First Quarter Financial Results
4 May 22
8-K
Entry into a Material Definitive Agreement
27 Apr 22
8-K
Entry into a Material Definitive Agreement
18 Apr 22
8-K
Franchise Group, Inc. Announces the Sale of the Retail Real Estate Portfolio of W.S. Badcock Corporation
31 Mar 22
Registration and prospectus
S-3ASR
Automatic shelf registration
25 Jun 21
15-15D
Suspension of duty to report
2 Apr 21
424B5
Prospectus supplement for primary offering
13 Jan 21
FWP
Free writing prospectus
11 Jan 21
424B5
Prospectus supplement for primary offering
11 Jan 21
8-A12B
Registration of securities on exchange
18 Sep 20
424B5
Prospectus supplement for primary offering
17 Sep 20
FWP
Free writing prospectus
15 Sep 20
424B5
Prospectus supplement for primary offering
15 Sep 20
424B5
Prospectus supplement for primary offering
28 Jun 20
Proxies
DEFA14A
Additional proxy soliciting materials
13 Apr 21
DEF 14C
Information statement
27 Dec 19
DEF 14C
Information statement
28 Aug 19
DEF 14A
Definitive proxy
12 Aug 19
PRE 14C
Preliminary information
1 Aug 19
DEFA14A
Additional proxy soliciting materials
11 Jul 19
DEFA14A
Additional proxy soliciting materials
11 Jul 19
Other
UPLOAD
Letter from SEC
12 Oct 20
CORRESP
Correspondence with SEC
1 Oct 20
CERT
Certification of approval for exchange listing
18 Sep 20
UPLOAD
Letter from SEC
17 Sep 20
CORRESP
Correspondence with SEC
3 Sep 20
UPLOAD
Letter from SEC
20 Aug 20
EFFECT
Notice of effectiveness
23 Jun 20
CORRESP
Correspondence with SEC
21 Jun 20
CORRESP
Correspondence with SEC
12 Mar 20
UPLOAD
Letter from SEC
9 Mar 20
Ownership
4
Franchise / BRIAN RANDALL KAHN ownership change
16 Aug 22
4
Franchise / Andrew M Laurence ownership change
16 Aug 22
4
Franchise / K TODD EVANS ownership change
3 Aug 22
SC 13G
Franchise / BlackRock ownership change
7 Jul 22
4
Franchise / GARY S RICH ownership change
28 Jun 22
4
Franchise / Lisa M Fairfax ownership change
28 Jun 22
4
Franchise / Nanhi Singh ownership change
19 May 22
4
Franchise / GARY S RICH ownership change
19 May 22
3
Franchise / Nanhi Singh ownership change
19 May 22
3
Franchise / GARY S RICH ownership change
19 May 22
Transcripts
2022 Q2
Earnings call transcript
7 Aug 22
2022 Q1
Earnings call transcript
5 May 22
2021 Q4
Earnings call transcript
24 Feb 22
2021 Q3
Earnings call transcript
2 Nov 21
2021 Q2
Earnings call transcript
4 Aug 21
2021 Q1
Earnings call transcript
9 May 21
2020 Q4
Earnings call transcript
11 Mar 21
2020 Q3
Earnings call transcript
4 Nov 20
2020 Q2
Earnings call transcript
8 Aug 20
2020 Q1
Earnings call transcript
18 Jun 20
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