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TheStreet Open House

First Cash Reports 42% Increase In Fourth Quarter Net Income

About First Cash

First Cash Financial Services, Inc. is a leading international specialty retailer and provider of consumer financial services. Its 488 pawn stores make small loans secured by pledged personal property and retail a wide variety of jewelry, electronics, tools and other merchandise. The Company's short-term loan locations provide various combinations of financial services products, including short-term loans, check cashing, and credit services. In total, the Company owns and operates 612 stores in eight U.S. states and 21 states in Mexico. 

First Cash is a component company in both the Standard & Poor's SmallCap 600 Index ® and the Russell 2000 Index ® . First Cash's common stock (ticker symbol " FCFS") is traded on the Nasdaq Global Select Market, which has the highest initial listing standards of any stock exchange in the world based on financial and liquidity requirements. 

The First Cash Financial Services, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3365

STORE COUNT ACTIVITY

The following table details store openings and closings for the three months ended December 31, 2010: 

  Pawn Locations Short-Term  
  Large Small Loan Total
  Format (1) Format (2) Locations Locations
United States:        
Total locations, beginning of period  104  24  92  220
New locations opened or acquired  7  --   --   7
Locations closed or consolidated  --   --   (1)  (1)
Total locations, end of period  111  24  91  226
         
Mexico:        
Total locations, beginning of period  322  19  33  374
New locations opened or acquired  11  1  --   12
Total locations, end of period  333  20  33  386
         
Total:        
Total locations, beginning of period  426  43  125  594
New locations opened or acquired  18  1  --   19
Locations closed or consolidated  --   --   (1)  (1)
Total locations, end of period  444  44  124  612
         

The following table details store openings and closings for the twelve months ended December 31, 2010: 

  Pawn Locations Short-Term  
  Large Small Loan Total
  Format (1) Format (2) Locations Locations
United States:        
Total locations, beginning of period  97  26  94  217
New locations opened or acquired  12  --   --   12
Stores converted to large format pawn  2  (2)  --   -- 
Locations closed or consolidated  --   --   (3)  (3)
Total locations, end of period  111  24  91  226
         
Mexico:        
Total locations, beginning of period  286  10  33  329
New locations opened or acquired  47  11  --   58
Locations closed or consolidated  --   (1)  --   (1)
Total locations, end of period  333  20  33  386
         
Total:        
Total locations, beginning of period  383  36  127  546
New locations opened or acquired  59  11  --   70
Stores converted to large format pawn  2  (2)  --   -- 
Locations closed or consolidated  --   (1)  (3)  (4)
Total locations, end of period  444  44  124  612
         

(1)     The large format locations include retail showrooms and accept a broad array of pawn collateral including electronics, tools and jewelry. At December 31, 2010, 69 of the U.S. large format pawn stores also offered short-term loans or credit services products.

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