PROG Holdings, Inc. (PRG) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and welcome to Prague Holdings' second quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask the question during the session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. I would now like to hand the conference over to John Baugh. Sir, you may begin. Thank you, and good morning, everyone. Welcome to the Prague Holdings second quarter 2026 earnings call. Joining me this morning are Steve Michaels, Prague Holdings chairman, president, and chief executive officer, and Brian Garner, our chief financial officer. Many of you have already seen a copy of our earnings release issued this morning, which is available on our investor relations website, investor.progholdings.com. During this call, certain statements we make will be forward-looking, including comments regarding our 2026 full-year outlook and our outlook for the third quarter of 2026. Listeners are cautioned not to place undue emphasis on forward-looking statements we make today, all of which are subject to risks and uncertainties which could cause actual results to differ materially from those contained in the forward-looking statements. We undertake no obligation to update any such statements. On today's call, we will be referring to certain non-GAAP financial measures. including adjusted EBITDA and non-GAAP EPS, which have been adjusted for certain items which may affect the comparability of our performance with other companies. These non-GAAP measures are detailed in the reconciliation tables included with our earnings release. The company believes...