Cash American earnings rise in first quarter
Cash America International, the Fort Worth-based operator of pawn shops and other consumer lending, said it earned $41.5 million in the first quarter, or $1.30 a share, up 15 percent from a year ago. Revenue rose 25 percent to $457.5 million on a 47 percent gain in e-commerce, which included a 91 percent gain in international activities. It also saw a 22 percent gain in merchandise sales and a 15 percent gain in pawn loan fees and service charges. Cash America's shares (ticker: CSH) jumped more than 6 percent in early trading. Its announcement is here.
-- Jim Fuquay