Franchise Group (FRG) Misses Q4 EPS by 23c, FY EPS Guidance Beats

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Go back to Franchise Group (FRG) Misses Q4 EPS by 23c, FY EPS Guidance Beats

Franchise Group, Inc. Announces Fourth Quarter and Full Fiscal Year 2020 Financial Results

March 10, 2021 4:01 PM EST

ORLANDO, Fla., March 10, 2021 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (Franchise Group or the Company) today announced the results of its fourth quarter and fiscal year ended December 26, 2020. For the fourth quarter of 2020, total reported revenue for Franchise Group was $496.3 million, net loss was $4.2 million or $0.12 per share, Adjusted EBITDA was $28.8 million and Supplemental Information encompassing cost synergies and other acquisition impacts was $5.2 million.

For the full fiscal year 2020, total reported revenue for Franchise Group was $2.15 billion, net income was $25.1 million or $0.70 per share, and Adjusted EBITDA was $227.6 million with... More