First Cash Financial Services, Inc. · Arlington, TX United States ·(NASDAQ (GS): FCFS)
Company Description
Phone: 817-460-3947
Fax: 817-461-7019
Rankings
- S&P 600
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Texas isn't just oil, land, and cattle. Since the 1980s, a new industry has found a home on the range: pawnshops. First Cash Financial Services operates nearly 540 pawnshops and cash advance stores there and in about a dozen other states, as well as in Mexico. The company lends money secured by such personal property as jewelry, electronics, tools, sporting goods, and musical equipment. Those shops also sell merchandize forfeited by borrowers. First Cash Financial Services is half-owner of Cash & Go, a partnership that operates about 40 cash advance and check-cashing kiosks inside convenience stores. First Cash Financial Services charges its pawn customers annual service charges of up to 240%. To read the full description, subscribe now.
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Key First Cash Financial Services, Inc. Financials
| Company Type | Public - NASDAQ (GS): FCFS Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $333.5 |
| 2008 Employees | 3,800 |
First Cash Financial Services, Inc. Executives
7 executives listed for First Cash Financial Services, Inc.'s Arlington, TX location.
| Title | Name & Bio | Contact |
| Phillip Powell | Network | |
| Vice Chairman, President, and CEO | Rick Wessel | Network |
| COO | Stephen Coffman | Network |
Competition
Competitive Landscape for First Cash Financial Services, Inc.
Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. Profitability depends on merchandising and effective marketing. Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart is the largest jewelry retailer in the US. To read the full description, subscribe now.Top First Cash Financial Services, Inc. Competitors
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