| Business Summary | | First
Cash
Financial
Services,
Inc.
is
a
United
States
pawnshop
operator.
The
Company
owns
116
pawn
stores
in
Texas,
Oklahoma,
Washington,
D.C.,
Maryland,
Missouri,
South
Carolina,
Virginia
and
Mexico.
The
Company's
pawn
stores
engage
in
both
consumer
finance
and
retail
sales
activities.
The
Company's
pawn
stores
provide
a
convenient
source
for
consumer
loans,
lending
money
against
pledged
tangible
personal
property
such
as
jewelry,
electronic
equipment,
tools,
sporting
goods
and
musical
equipment.
These
pawn
stores
also
function
as
retailers
of
previously
owned
merchandise
acquired
in
forfeited
pawn
transactions
and
over-the-counter
purchases
from
customers.
The
Company's
pawn
stores
also
offer
short-term,
secured
advances
(payday
advances). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FCFS
is
an
operator
of
pawn
stores
which
lend
money
on
the
collateral
of
pledged
personal
property.
FCFS
also
operates
stores
that
provide
check
cashing,
short
term
secured
advances
and
other
related
financial
services.
For
the
six
months
ended
6/30/01,
revenues
rose
6%
to
$55.7
million.
Net
income
before
accounting
change
rose
57%
to
$3.7
million.
Sales
reflect
higher
revenue
from
service
charges.
Net
income
also
reflects
higher
margins
and
lower
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Phillip Powell, 50 Chairman
and CEO | $374K | Rick Wessel, 42 Pres,
CFO, Sec., Treasurer, Director | 254K | J. Alan Barron, 40 Pres
- Pawn Operations | 191K | Blake Miraglia, 33 Pres
- Check Cashing Operations | 185K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|