Shares of FirstCash (FCFS) surged 5.38% during Thursday’s intraday session, rallying after the pawn store operator reported second-quarter results that handily beat analyst expectations.

The company posted adjusted earnings of $2.50 per share, up from $1.79 a year earlier and ahead of the $2.40 consensus forecast. Revenue jumped 29% to $1.07 billion, also exceeding the $1.03 billion estimate, driven by robust consumer demand for pawn products and services. Consolidated pawn receivables rose 63% in total and 22% on a same-store basis year-over-year.

Adding to the bullish sentiment, FirstCash announced a quarterly cash dividend of $0.42 per share and authorized a new $150 million share repurchase program after completing its previous $150 million buyback. The company also raised its full-year guidance for consolidated pawn segment revenue growth, reflecting continued strength in both U.S. and Latin American markets.