-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NXCSuheuQjOeMsn2vXwQ7sgao7XbNdppdNc2zL2EnNNCCwZ1iZd/p0W4EXnWEG31 HYGm1KQCrLt1bSerhUxQDA== 0001157523-09-002624.txt : 20090409 0001157523-09-002624.hdr.sgml : 20090409 20090409082654 ACCESSION NUMBER: 0001157523-09-002624 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090409 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090409 DATE AS OF CHANGE: 20090409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CASH AMERICA INTERNATIONAL INC CENTRAL INDEX KEY: 0000807884 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS RETAIL [5900] IRS NUMBER: 752018239 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09733 FILM NUMBER: 09741189 BUSINESS ADDRESS: STREET 1: 1600 W 7TH ST CITY: FT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 8173351100 MAIL ADDRESS: STREET 1: 1600 WEST 7TH STREET CITY: FORT WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: CASH AMERICA INVESTMENTS INC /TX/ DATE OF NAME CHANGE: 19920520 8-K 1 a5936726.htm CASH AMERICA INTERNATIONAL, INC. 8-K


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):
April 9, 2009

CASH AMERICA INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)

Texas

1-9733

75-2018239

(State of incorporation)

(Commission File No.)

(IRS Employer Identification No.)


1600 West 7th Street
Fort Worth, Texas 76102
(Address of principal executive offices) (Zip Code)


Registrant’s telephone number, including area code:    (817) 335-1100

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



ITEM 7.01     REGULATION FD DISCLOSURE

On April 9, 2009, Cash America International, Inc. issued a press release announcing that it expects first quarter ending March 31, 2009 earnings to exceed previously released guidance for the quarter.  A copy of the press release is furnished as Exhibit 99.1 to this report on Form 8-K and is incorporated herein by reference.

ITEM 9.01     FINANCIAL STATEMENTS AND EXHIBITS

(d)     Exhibits – The following exhibit is furnished pursuant to the disclosures included under Item 7.01 of this report on Form 8-K.

99.1      Cash America International, Inc. press release, dated April 9, 2009


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CASH AMERICA INTERNATIONAL, INC.

 

 

Date:

April 9, 2009

By:

/s/ J. Curtis Linscott

J. Curtis Linscott

Executive Vice President, General Counsel &

Secretary


EXHIBIT INDEX

Exhibit No.

Description

 
99.1

Cash America International, Inc. press release, dated April 9, 2009.

EX-99.1 2 a5936726ex99_1.htm EXHIBIT 99.1

Exhibit 99.1

Cash America First Quarter Results above Expectations

FORT WORTH, Texas--(BUSINESS WIRE)--April 9, 2009--Cash America International, Inc. (NYSE: CSH) announced today that it expects its earnings for the first quarter ended March 31, 2009, to significantly exceed its previously released guidance for the quarter. The primary contributors to the higher-than-anticipated earnings for the quarter were better than expected performance from the Company’s pawn lending operations, both in the United States and Mexico, and lower loan losses associated with the cash advance product. In addition, the Company experienced greater than expected cash advance fee revenue in the quarter from its online cash advance offerings in some of the states that had announced adverse changes in legislation and/or regulations in 2008 but have not been implemented thus far in 2009 as previously expected. Some of these changes remain pending which could reduce cash advance revenue in these states in future periods. Management currently anticipates earnings per share for the first quarter of 2009 to be between 76 and 78 cents per share compared to its previous expectations of between 61 and 65 cents per share. This compares to 86 cents per share for the same quarter in the prior year of 2008.

At this time, the Company is not revising its full year guidance for fiscal 2009 of between $3.10 and $3.30 per share, pending the completion of details for the first quarter and further analysis associated with its expected results for the second quarter of fiscal 2009. Management discussed in its January 2009 release of earnings that tax stimulus checks issued to many of its customers in the second quarter of 2008 boosted results in that quarter. Currently, tax stimulus checks are not expected to be repeated in the second quarter of 2009 and due to this change in circumstances combined with the potential absence of certain profitable cash advance markets, management expects the second quarter of 2009 to contribute lower year-over-year earnings.

The Company has scheduled a conference call on April 23, 2009, at 7:45 AM CDT to provide details of the first quarter 2009 results and management’s views of expectations for the remainder of the year.

Cash America International, Inc. is a provider of specialty financial services to individuals in the United States with 994 total locations as of December 31, 2008. Cash America is the largest provider of secured non-recourse loans to individuals, commonly referred to as pawn loans, through 613 total pawn locations, comprised of 501 in 22 states under the brand names Cash America Pawn and SuperPawn. In addition, Cash America is the majority owner of 112 pawn lending locations in Mexico that operate under the name of Prenda Fácil. The Company also offers short-term cash advances in many of its locations including 248 locations that offer this service under the brand names Cash America Payday Advance and Cashland. Short-term cash advances are also offered over the Internet to customers in 32 states in the United States and in the United Kingdom at http://www.cashnetusa.com and http://www.quickquid.co.uk, respectively. In addition, check cashing services are provided through its 133 franchised and Company-owned “Mr. Payroll” check cashing centers.

For additional information regarding the Company and the services it provides, visit the Company’s websites located at:
 

http://www.cashamerica.com

       

http://www.cashnetusa.com

http://www.cashlandloans.com

http://www.quickquid.co.uk

http://www.strikegoldnow.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This release contains forward-looking statements about the business, financial condition and prospects of Cash America International, Inc. and its subsidiaries (the “Company”). The actual results of the Company could differ materially from those indicated by the forward-looking statements because of various risks and uncertainties including, without limitation, changes in consumer credit, tax and other laws and governmental rules and regulations applicable to the Company’s business, changes in demand for the Company’s services, the actions of third parties who offer products and services at the Company’s locations, fluctuations in the price of gold, changes in competition, the ability of the Company to open new operating units in accordance with its plans, economic conditions, real estate market fluctuations, interest rate fluctuations, changes in foreign currency exchange rates, changes in the capital markets, the ability to successfully integrate newly acquired businesses into the Company’s operations and other risks indicated in the Company’s filings with the Securities and Exchange Commission. These risks and uncertainties are beyond the ability of the Company to control, nor can the Company predict, in many cases, all of the risks and uncertainties that could cause its actual results to differ materially from those indicated by the forward-looking statements. When used in this release, terms such as “believes,” “estimates,” “plans,” “expects,” “anticipates” and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements to reflect events or circumstances occurring after the date of this release.

CONTACT:
Cash America International, Inc.
Thomas A. Bessant, Jr., 817-335-1100

-----END PRIVACY-ENHANCED MESSAGE-----