EZCorp: Profiting from Tough Times

Paul Price submits:

What business is likely to prosper when economic conditions get really bad?

Pawnshops. EZ CORP (EZPW) operates about 294 in the US and 38 in Mexico while also offering payday loans through 71 of its pawnshops and 477 EZMONEY store fronts.

As you would expect sales and earnings have been booming as the world suffers through the worst recession since the 1930’s. Here are their (split-adjusted) per share numbers as reported by Value Line:

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