World Acceptance (WRLD) Q1 2026 Earnings Call Transcript

Image source: The Motley Fool.Need a quote from one of our analysts? Email pr@fool.comWorld Acceptance (NASDAQ:WRLD) implemented a new $640 million credit agreement in Q1 FY2026, enabling expanded stock repurchase flexibility and providing over $200 million in repurchase capacity for the next twelve months (as of Q1 FY2026). Share buyback activity is set to accelerate following the scheduled August redemption of $170 million in outstanding 2021 bonds, as discussed on the Q1 FY2026 earnings call. The company's customer base grew 4% in Q1 FY2026—the first such first-quarter increase in three years—with loan originations and dollars lent both exceeding 12% year-over-year growth in Q1 FY2026. New customer risk in the portfolio dropped on a sequential basis, while portfolio yields climbed by more than 230 basis points year over year in Q1 FY2026. First-phase customer trials have begun for the new World Finance Smile credit card, targeting improved yield and risk alignment and customer retention.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool