Aaron's

The Aaron's Co., Inc. engages in the provision of lease-purchase solutions. It offers the sale and lease of ownership and specialty retailing of furniture, consumer electronics, home appliances, and accessories. The company was founded in 1955 and is headquartered in Atlanta, GA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Aaron's meets Q4 expectations, eyes market expansion opportunities

Aaron's Q4 2022 results met internal expectations with revenue growth.
Strategic initiatives in e-commerce and real estate aim for future growth.
Challenges in customer demand and credit conditions are being monitored.
Company prepared to capture market expansion opportunities if conditions change.

Aaron's surpasses Q1 earnings expectations, focuses on operational efficiency

Aaron's Q1 performance exceeded expectations with strong earnings and a focus on operational efficiency.
While facing challenges in demand and EBITDA, the company showcased resilience and strategic initiatives.
With a positive outlook for Aaron's business and opportunities for growth, the company remains well-positioned for future success.

Aaron's beats Q2 earnings expectations, BrandsMart resilient amid challenges

Aaron's Q2 earnings surpassed expectations with strong cost controls and portfolio optimization. BrandsMart managed profitability amidst challenges.
Maintained adjusted EBITDA and EPS, reduced net debt, and increased free cash flow. Challenges include demand trends and lease portfolio size.
Opportunities for growth through market optimization, cost reduction, and strategic pricing. Focus on executing strategic plan for future success.

Aaron's surpasses Q3 earnings expectations despite BrandsMart sales decline

Aaron's Q3 2023 showed strong revenue and earnings performance, exceeding internal targets.
While BrandsMart faced challenges, Aaron's demonstrated resilience in its core business.
The company's focus on strategic growth and financial management remains key strengths.
Analysts highlighted concerns but also recognized opportunities for future improvement.

Aaron's reports mixed Q4 2023 earnings, focuses on cost efficiency

Aaron's Q4 2023 performance showed mixed results with challenges in demand at BrandsMart but strengths in debt reduction and free cash flow. Plans for 2024 target cost reductions and operational improvements.
The company's focus on customer experience enhancement and cost efficiency presents opportunities for growth and improved financial performance in the upcoming year.
Despite facing challenges, Aaron's remains committed to driving shareholder value and maintaining a strong financial position through strategic initiatives and operational enhancements.

Aaron's reports Q1 growth, raises EPS outlook on tax rate

Aaron's Q1 2024 showcased positive momentum with revenue growth and improved EBITDA. Despite challenges like negative comparable sales, the company is focused on cost savings and enhancing shareholder value.
Opportunities in e-commerce growth, omnichannel lease decisioning, and sequential revenue growth present avenues for future success. Addressing challenges in operating expenses and tax rate variability is crucial for sustained performance.
Investors should note the company's strong performance, capital allocation priorities, and focus on driving growth. Monitoring store optimization efforts, lease portfolio trends, and cost-saving initiatives will be key for future success.

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Aaron’s, Inc. (Aaron’s) is a specialty retailer of consumer electronics, computers, residential furniture, household appliances and accessories. Aaron’s is engaged in the lease ownership, lease and retail sale of a variety of products, such as widescreen and liquid crystal display (LCD) televisions, computers, living room, dining room and bedroom furniture, washers, dryers and refrigerators. It carries brands, such as JVC, Mitsubishi, Philips, Panasonic, Sony, Dell, Hewlett-Packard, Simmons, Frigidaire, and Sharp. It operates in four segments: Sales and Lease Ownership, Franchise, HomeSmart, and Manufacturing. The Company acquired the lease agreements, merchandise and assets of 38 Aaron’s Sales & Lease Ownership stores and 47 HomeSmart stores during the fiscal year ended December 31, 2011. In January 2014, the Company sold of its RIMCO operations to Rent-A-Wheel /Rent-A-Tire.

Aaron's, Inc. (AAN) CEO John Robinson on Q1 2019 Results - Earnings Call Transcript

Best Buy

In late February, Best Buy Co Inc announced plans for a lease-to-own partnership with Progressive Leasing, a subsidiary of Aaron's, Inc.

Best Buy Analyst Says Progressive Leasing Partnership Could Boost Sales

News for Aaron's Stock (AAN)