Franchise Group: Q3 Earnings Snapshot

DELAWARE, Ohio (AP) _ Franchise Group, Inc. (FRG) on Thursday reported a third-quarter loss of $121.2 million, after reporting a profit in the same...

November 3, 2022
10:12 PM

DELAWARE, Ohio (AP) _ Franchise Group, Inc. (FRG) on Thursday reported a third-quarter loss of $121.2 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Delaware, Ohio-based company said it had a loss of $3.09. Earnings, adjusted for non-recurring costs, came to 59 cents per share. The tax preparer posted revenue of $1.05 billion in the period. Franchise Group expects full-year earnings to be $3.25 per share, with revenue expected to be $4.3 billion. _____ This story was generated by Automated Insights (http://automatedinsights.