Cash America (CSH) Reports Q2 EPS of $0.18

Before the open, Cash America (NYSE: CSH) reported Q2 EPS of $0.18, versus $0.06 reported last year. Revenue for the quarter came in at $241.2 million, versus $236.5 million reported last year.

Commenting on the second quarter results, T. Brent Stuart, Chief Executive Officer and President of Cash America, said, “One of our primary focuses coming into the second quarter was operational excellence and improved marginal profitability. Our year-over-year earnings gains in the second quarter demonstrate the progress we have made and the success of our efforts. In addition, we continued to emphasize our in-store retail disposition of merchandise and we achieved a same store retail sales increase of 5.3% in the second quarter of 2016 compared to the second quarter of 2015. We move into the third quarter well positioned with favorable merchandise balances and inventory aging.”

For earnings history and earnings-related data on Cash America (CSH) click here.

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