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PROG Holdings Delivers Strong Q4 Results Despite Challenges

PROG Holdings Delivers Strong Q4 Results Despite Challenges

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Ben Sparham
Feb 19, 2025
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Ben Sparham
PROG Holdings Delivers Strong Q4 Results Despite Challenges
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PROG Holdings closed Q4 2024 on a high note, delivering results at the top of its guidance range.

CEO Steve Michaels attributed the company’s 9.1% GMV growth in Progressive Leasing to strategic investments in sales, marketing, and technology, despite a challenging retail environment. Adjusted EBITDA rose 7.7% year-over-year to $65.7 million, with consol…

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