PROG Holdings Inc (NYSE:PRG)
$ 47.42 -2.23 (-4.49%) Market Cap: 1.97 Bil Enterprise Value: 2.45 Bil PE Ratio: 13.14 PB Ratio: 3.12 GF Score: 86/100

Q3 2023 PROG Holdings Inc Earnings Call Transcript

Oct 25, 2023 / 12:30PM GMT
Release Date Price: $29.39 (+3.23%)
Operator

Good day, and thank you for standing by. Welcome to the PROG Holdings Q3 Earnings Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.

And I would now like to hand the conference over to your speaker today, Mr. John Baugh, Vice President of Investor Relations. Sir, please go ahead.

John Allen Baugh
PROG Holdings, Inc. - VP of IR

Thank you, and good morning, everyone. Welcome to the PROG Holdings Third Quarter 2023 Earnings Call. Joining me this morning are Steve Michaels, PROG Holdings' President and Chief Executive Officer; and Brian Garner, our Chief Financial Officer. Many of you have already seen a copy of our earnings release issued this morning, which is available on our Investor Relations website, investor.progholdings.com. During this call, certain statements we make will be forward looking, including comments regarding our GMV performance and lease merchandise write-offs in future periods, consumer demand and the retail environment going forward, the level of 90-day buyouts in future periods,

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