Browse the latest corporate news from easyhome.
April 24, 2012 at 7:57AM PDT | Source: easyhome
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MISSISSAUGA, ONTARIO--(Marketwire - April 24, 2012) - easyhome Ltd. (TSX:EH), Canada's largest merchandise leasing company and a growing provider of financial services, will hold a conference call with shareholders, analysts and portfolio managers on Tuesday, May 8, 2012. A Press Release will be issued after the market closes on Monday, May 7, 2012.
Date: Tuesday, May 8, 2012
Time: 11:30am EST
Dial-in: toll-free: 416-340-2217 or 1-866-696-5910
Passcode: 9460336- please dial in the passcode, followed by # to enter the call.
Media are invited to listen to the call by telephone. For questions, media may contact David Ingram, President and CEO or Steve Goertz, CFO at 905-272-2788.
After the conference call, a recording will be available until May 22, 2012 by calling 1-800-408-3053 or 905-694-9451 and entering passcode number 2690026...
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March 28, 2012 at 9:13AM PDT | Source: easyhome
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MISSISSAUGA, ONTARIO--(Marketwire - March 28, 2012) - easyhome Ltd. (TSX:EH), Canada's largest merchandise leasing company and a growing provider of financial services, is pleased to announce the opening of its 90th easyfinancial location this past Saturday, March 24th, 2011 in Toronto, Ontario at 652 Yonge Street.
"In the Canadian marketplace today, there is a large gap between the services offered by the traditional banks and the high cost payday lenders", said Jason Mullins, easyfinancial's Senior Vice President of Operations. "The recent decision by HSBC to exit the consumer finance business, which comes only a few years after Wells Fargo Financial departed Canada, creates a large void that now leaves many working class Canadians without an affordable solution to their short to medium term financing needs...
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March 09, 2012 at 9:57AM PST | Source: easyhome
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Record Revenues and Improved Earnings in the 4th Quarter
MISSISSAUGA, ONTARIO--(Marketwire - March 5, 2012) - easyhome Ltd. (TSX:EH), Canada's largest merchandise leasing Company and a growing provider of financial services, today announced its results for the fourth quarter and full year ended December 31, 2011.
easyhome delivered record revenues and improved earnings in the fourth quarter of 2011. Revenue for the quarter increased 9.4% to $49.3 million, driven primarily by the expansion of the easyfinancial Services business and the related growth of its consumer loans receivable portfolio. Net income for the quarter was $2.6 million compared to a loss of $(0.4) million in the fourth quarter of 2010. When normalized for the costs associated with the investigation of an employee fraud in 2010, the net improvement for the quarter was 97%...
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February 22, 2012 at 6:46AM PST | Source: easyhome
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MISSISSAUGA, ONTARIO--(Marketwire - Feb. 22, 2012) - easyhome Ltd. (TSX:EH), Canada's largest merchandise leasing company and a growing provider of financial services, will hold a conference call with shareholders, analysts and portfolio managers on Tuesday, March 6, 2012. A Press Release will be issued after the market closes on Monday, March 5, 2012.
Date: Tuesday, March 6, 2012
Time: 11am EST
Dial-in: toll-free: 416-340-2217 or 1-866-696-5910
Passcode: 4146426 - please dial in the passcode, followed by # to enter the call.
Media are invited to listen to the call by telephone. For questions, media may contact David Ingram, President and CEO or Steve Goertz, CFO at 905-272-2788.
After the conference call, a recording will be available until March 20, 2012 by calling 1-800-408-3053 or 905-694-9451 and entering passcode number 2566446...
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February 21, 2012 at 6:55AM PST | Source: easyhome
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Offering North America's lowest payment guaranteed or it's free!
MISSISSAUGA, ONTARIO--(Marketwire - Feb. 17, 2012) - easyhome Ltd. (TSX:EH), Canada's largest merchandise leasing company and a growing provider of financial services, is pleased to announce the opening of a new easyhome franchise store in Etobicoke, Ontario on Saturday, February 18th at 10am. This location was previously operating under the banner of Your #1 Rent To Own and has now been completely transformed into an easyhome store. It is conveniently located at 2869 Lakeshore Boulevard; the store features the latest in furnishings, appliances, electronics and computers through a lease-to-own program.
To celebrate, easyhome's Vice President of Franchising, Steve Green and store owner and operator Bill Longlade will officially open the easyhome store in Etobicoke to the community with a ribbon cutting ceremony and grand opening festivities including free refreshments and raffles...
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December 21, 2011 at 10:02AM PST | Source: easyhome
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TORONTO, ONTARIO--(Marketwire - Dec. 21, 2011) - easyhome Ltd. (TSX:EH) announced that Rodney Adams, James Bowland, Walter (Bud) Gates, Steven Richardson, and G. Wesley Voorheis resigned today as directors of the Company. Donald K. Johnson, Chairman of the Board, said: "We thank the departing directors for their service. The Company's Corporate Governance and Nominating Committee will immediately begin the process of nominating new directors for appointment prior to the next Annual General Meeting. The Board has full confidence in management and in the continued direction of the Company."
About easyhome
As of November 30, 2011, easyhome Ltd. had 263 stores, including 47 franchised/licensed locations. The Company also operated 87 easyfinancial kiosks within existing easyhome stores, two stand-alone easyfinancial locations and one national loan office...
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December 12, 2011 at 11:03AM PST | Source: easyhome
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TORONTO, ONTARIO--(Marketwire - Dec. 12, 2011) - VYCO Ltd., a corporation of which Mr. Donald K. Johnson is President, and which is controlled by a family trust of which Mr. Johnson is a discretionary beneficiary, announced today that it has acquired 952,417 common shares ("Common Shares") in the capital of easyhome Ltd. (TSX:EH) at a price of $5.99 per Common Share, representing approximately 8.04% of the outstanding Common Shares, by way of two private agreement purchases in reliance on the "private agreement exemption" set forth in Section 100.1 of the Securities Act (Ontario). Mr. Johnson is also the Chairman of the Board of Directors and a principal shareholder of easyhome Ltd. Following completion of the purchases, Mr. Johnson beneficially owns, directly or indirectly, or controls or directs an aggregate of 3,250,609 Common Shares representing approximately 27...
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October 26, 2011 at 8:50AM PDT | Source: easyhome
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MISSISSAUGA, ONTARIO--(Marketwire - Oct. 26, 2011) - easyhome Ltd. (TSX:EH), Canada's largest merchandise leasing company and a growing provider of financial services, will hold a conference call with shareholders, analysts and portfolio managers on Wednesday, November 9, 2011. A Press Release will be issued after the market closes on Tuesday, November 8, 2011.
Date: Wednesday, November 9, 2011
Time: 11am EST
Dial-in: toll-free: 416-340-2217 or 1-866-696-5910
Passcode: 8801270 – please dial in the passcode, followed by # to enter the call.
Media are invited to listen to the call by telephone. For questions, media may contact David Ingram, President and CEO or Steve Goertz, CFO at 905-272-2788.
After the conference call, a recording will be available until November 23, 2011 by calling 1-800-408-3053 or 905-694-9451 and entering passcode number 6824575...
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October 21, 2011 at 7:08AM PDT | Source: easyhome
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MISSISSAUGA, ONTARIO--(Marketwire - Oct. 21, 2011) - easyhome Ltd. (TSX:EH), Canada's largest merchandise leasing Company and a growing provider of financial services, today announced the appointment of Mr. Rod Adams to the Board of Directors.
Mr. Adams has held a variety of senior leadership positions in the consumer and commercial finance, mortgage and related industries over the past 30 years, including President and CEO of Beneficial Canada Inc., President of Associates Financial Services of Canada and Senior Vice-President of Home Trust Company.
"The Board of easyhome is delighted to have such a distinguished colleague join us", said Donald K. Johnson, Chairman of the Board. "His wealth of knowledge and expertise in consumer finance will be particularly valuable as our Company grows the easyfinancial business...
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July 13, 2011 at 10:43AM PDT | Source: easyhome
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MISSISSAUGA, ONTARIO --(Marketwire - July 13, 2011) - easyhome Ltd. (TSX:EH), Canada's largest merchandise leasing company and a growing provider of financial services, will hold a conference call with shareholders, analysts and portfolio managers on Thursday, August 4, 2011. A Press Release will be issued after the market closes on Wednesday, August 3, 2011.
Date: Thursday, August 4, 2011
Time: 2pm EST
Dial-in: toll-free: 416-340-2217 or 1-866-696-5910
Passcode: 8427231 – please dial in the passcode, followed by # to enter the call.
Media are invited to listen to the call by telephone. For questions, media may contact David Ingram, President and CEO or Steve Goertz, CFO at 905-272-2788...
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June 23, 2011 at 6:33AM PDT | Source: easyhome
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Grand Opening on Saturday, June 25, 2011 at 10 am MISSISSAUGA, ONTARIO--(Marketwire - June 23, 2011) -easyhome Ltd. (TSX:EH), Canada's largest merchandise leasing company and a growing provider of financial services, is pleased to announce the opening of its first stand alone easyfinancial location in Toronto, Ontario on Saturday, June 25, 2011 at 10 am. To celebrate, the first 30 customers to arrive at the store will receive a free prepaid reloadable card!
"The opening of our first stand alone easyfinancial location expands our financial services footprint in Canada," said David Ingram, easyhome's President and Chief Executive Officer. "Through our lease-to-own and financial services businesses, we have steadily built a strong base of customers that were previously underserved by traditional retail and financial service organizations...
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April 06, 2011 at 10:48AM PDT | Source: easyhome
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MISSISSAUGA, ONTARIO --(Marketwire - April 6, 2011) - easyhome Ltd. (TSX:EH), Canada's largest merchandise leasing company and a growing provider of financial services, announced today the promotion of two key executives - Charley Hamill to Senior Vice President of easyhome Leasing Operations and Jason Mullins to Senior Vice President of easyfinancial Services Operations. easyhome Ltd. is also pleased to officially welcome Vice President of Franchising, Sean Taylor and Vice President of Risk Management, Heather Santamaria.
"As we continue to grow our three strategic business units, we have appointed these talented leaders with the relevant background and experience to lead our future development and take easyhome to the next level of success," said David Ingram, easyhome's President and Chief Executive Officer...
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August 31, 2009 at 7:00AM PDT | Source: easyhome
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WICHITA, KANSAS--(Marketwire - Aug. 28, 2009) - easyhome Ltd. (TSX:EH)
Bud Gates, Chairman and CEO of easygates, LLC announces the opening of a new easyhome store in the Providence Square Shopping Center in Wichita, Kansas on August 29, 2009.
Mr. Gates stated, "this will be the 23rd easyhome store in the United States and the concept has proven to be very successful. We are especially excited to have an easyhome store opening right here in our home town. Consumers in Wichita will love the outstanding customer service and great product selection. Melvin Lucas, Store Manager has a great team to open our Wichita store." David Ingram, President and CEO of easyhome Ltd. commented, "The U.S. stores are performing well and I am thrilled to see easyhome opening in Wichita...
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August 14, 2009 at 6:30AM PDT | Source: easyhome
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MISSISSAUGA, ONTARIO--(Marketwire - Aug. 11, 2009) - easyhome Ltd. (TSX:EH), Canada's leading merchandise leasing company, today announced its results for the second quarter ended June 30, 2009.
Revenue for the quarter increased 9.3% to $43.5 million compared with $39.8 million in the second quarter of 2008. Same store revenue growth was 1.0% in the quarter. Operating income was $3.4 million, compared with $3.9 million for the second quarter of 2008. Net income for the second quarter of the year was $1.9 million compared with $2.2 million for the same period last year. Diluted earnings per share were $0.18 compared with $0.21 in 2008.
Commenting on the results, David Ingram, President and CEO, stated, "The ongoing weakness in the North American economy has severely curtailed consumer spending, which is negatively impacting all discretionary retailers...
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July 31, 2009 at 7:00AM PDT | Source: easyhome
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MISSISSAUGA, ONTARIO--(Marketwire - July 24, 2009) - easyhome Ltd. (TSX:EH), Canada's leading merchandise leasing company, today announced Chris Fregren, easyhome's current Senior Vice-President and Chief Financial Officer, is leaving the business effective August 16, 2009. Chris was a key player in some of easyhome's most important recent initiatives, including the rapid expansion of its national network, the launch of easyfinancial and the development of the franchising platform in the United States. "We greatly appreciate the dedication, hard work and imagination that Chris brought to easyhome, and wish him the best of luck in his future endeavours", said David Ingram, easyhome President & CEO. Chris has agreed to stay on during this period and work with his replacement to ensure that the transition is smooth and orderly...
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November 12, 2008 at 6:45AM PST | Source: easyhome
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MISSISSAUGA, ONTARIO--(Marketwire - Nov. 10, 2008) - easyhome Ltd. (TSX:EH), Canada's leading merchandise leasing company, today announced its results for the third quarter ended September 30, 2008.
Third Quarter ResultsRevenue for the three-month period ended September 30, 2008, was $38.9 million, an increase of 9.4% from $35.5 million for the same period a year ago. Same-store revenue growth was 4.9% compared with 8.9% for the third quarter of 2007. Operating income decreased to $2.9 million from $4.9 million a year earlier. Net income for the period was $1.5 million, compared with $2.7 million, in the third quarter of 2007. Diluted earnings per share were $0.14 versus $0.26 last year.
As previously announced, we installed our new IT system in the second quarter of 2008...
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August 14, 2008 at 8:05AM PDT | Source: easyhome
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MISSISSAUGA, ONTARIO--(Marketwire - Aug. 14, 2008) - easyhome Ltd. (TSX:EH), Canada's leading merchandise leasing company, today announced its results for the second quarter ended June 30, 2008. For the June quarter end, revenue increased to $39.8 million, up 13.6% from $35.0 million in the second quarter of 2007. Same store revenue growth was 8.7% continuing a trend of 27 consecutive quarters of comparable revenue growth. Operating income was $3.9 million, a decrease of 17.3% to the same period a year ago. Diluted earnings per share were $0.21 versus $0.26 last year.
For the six month period ended June 30, 2008, revenue increased to $79.6 million, up 14.7% from $69.4 million in the comparable period in 2007. Operating income was $9...
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June 11, 2008 at 7:25AM PDT | Source: easyhome
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WICHITA, KANSAS--(Marketwire - June 10, 2008) - easyhome Ltd. (TSX:EH):
easygates, LLC - Bud Gates, Chairman and CEO of easygates, LLC announced the signing of two franchises totaling 16 stores. It is anticipated that 2 to 3 of these stores will be opened by the end of 2008.
Former Chairman and CEO of Rent-A-Center and THORN Americas, Inc., Bud Gates, established easygates, LLC, in 2007 to create a platform for developing both corporate and franchise stores in the U.S. $6 billion rent-to-own industry.
easygates, LLC through easyhome U.S. Ltd. has the exclusive rights to franchise or operate easyhome TM stores in the 36 states in the U.S. which do not border with Canada. easyhome Ltd. (parent company of easyhome U...
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April 29, 2008 at 8:10AM PDT | Source: easyhome
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Total Revenue Growth of 16.0%, Same Store Revenues Grew 9.0% EPS $0.33, Unchanged from 2007
MISSISSAUGA, ONTARIO--(Marketwire - April 28, 2008) - easyhome Ltd. (TSX:EH),Canada's leading merchandise leasing company, today announced its results for the first quarter ending March 31, 2008.
First quarter highlights are:Revenue increased $5.5 million to $39.8 million from $34.3 million for the same quarter last year, an improvement of 16.0%.
Same store revenue growth of 9.0% building on 11.0% for the first quarter of 2007, and 13.5% in the fourth quarter 2007.
Potential monthly lease revenue increased to $11.0 million from $9.8 million at the end of March 2007, an improvement of 12.1%.
26 consecutive quarters of comparable revenue growth...
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April 23, 2008 at 6:35AM PDT | Source: easyhome
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April 23, 2008 // Franchising.com // Mississauga: easyhome Ltd. (TSX:EH), Canada's largest merchandise leasing company, will hold its management conference call with shareholders, analysts and portfolio managers to discuss the results for the first quarter ended March 31st, 2008 at 9am EST on Tuesday, April 29, 2008. The results will be issued by news release after the market closes on Monday, April 28, 2008.Date: Tuesday, April 29th, 2008
Time: 9 am EST
Dial-in: toll-free: 1-866-696-5910 or local access: 416-340-2217 Passcode: 3255118# – please dial in the passcode, followed by # to enter the call.
Media are invited to listen to the call by telephone or by webcast through the company's investor website, www...
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This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document.
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easyhome Ltd. is Canada's largest and the world's third largest merchandise lease company.
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