|Price Range 12mo avg:||$567K – $1.8M|
|$/sf 12mo avg:||$130|
|CAP Rate 12mo avg:||7.44%|
|Lease Terms:||10yrs NNN|
|Building Size avg:||10,260 SF|
|Lot Size avg:||1+/- acres|
Aaron’s, Inc. (NYSE: AAN) is a specialty retailer serving consumers through the sale and lease ownership of furniture, consumer electronics, computers, home appliances, and accessories in over 2,100 Company-operated and franchised stores in the United States and Canada. The Company was founded in 1955, is headquartered in Atlanta and has been publicly traded since 1982. Aaron’s is the industry leader in serving the moderate-income consumer and offering affordable payment plans, quality merchandise and superior service.
This has been a milestone year at Aaron’s. In April, Aaron’s completed the transformative acquisition of Progressive Finance resulting in the strategic positioning of the Company as the leader in both the traditional rent-to-own (RTO) industry as well as the emerging virtual rent-to-own (RTO) space. The acquisition supports the Company’s strategy to address credit-challenged customers’ changing needs for acquiring home furniture, electronics and appliances as the consumer population leans more toward a multi-channel acquisition of goods and services.
Aaron’s plan to reshape the core business focuses on same store revenue growth, enhancing Aaron’s online platform, driving cost efficiencies, moderating new store growth, and strengthening the franchise network. The Company has been aggressively developing its online strategy while working towards the rollout of an e-commerce platform in early 2015. This demonstrates Aaron’s strategic initiative to reach its customers in an ever evolving marketplace.
|S&P Credit Rating:||N/A|
|Moody’s Credit Rating:||N/A|
|Annual Revenue 2014:||$2.73B|
|Annual Revenue 2013:||$2.23B|
|Revenue Growth:||↑ 1.8% from 2013|
|Units (Dec. 2014)||2,108|
|Average Units Volume:||$1.292M|
Yahoo! Finance: AAN News Latest Financial News for AAN
The Klein Law Firm Notifies Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by Aaron’s, Inc.
on June 22, 2017 at 5:15 pm
The Klein Law Firm announces the commencement of an investigation of Aaron’s, Inc. concerning possible violations of federal securities laws. […]
IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Aaron’s, Inc. and Encourages Investors with Losses to Contact the Firm
on June 22, 2017 at 3:58 pm
Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Aaron’s, Inc. for possible violations of federal securities laws between February 6, 2015 and October 29, 2015, inclusive . […]
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors With Over $200k in Losses of Class Action Against Aaron's, Inc. (AAN) & Lead Plaintiff Deadline: August 18, 2017
on June 22, 2017 at 2:10 pm
NEW YORK, June 22, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Aaron's, Inc. ("Aaron's" or the "Company") (AAN) securities and certain of its officers, on behalf of a class who purchased Aaron's securities between February 6, 2015 to October 29, 2015, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/aan. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1933. The complaint alleges that throughout the Class Period, Defendants made false and misleading statements regarding its subsidiary, Progressive Finance Holdings, LLC ("Progressive"). The Complaint also alleges that Aaron's concealed from investors that it was experiencing software issues that impacted the Company's underwriting algorithm and that Progressive had lost critical data in February 2015, which negatively impacted its ability to make loans and collect payments. […]
INVESTOR ALERT: Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against Aaron’s, Inc.
on June 21, 2017 at 7:31 pm
Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Aaron’s, Inc. for violations of §§10 and 20 of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. […]
AAN Investor Alert: Hagens Berman Alerts Investors in Aaron's, Inc. to Securities Class Action and August 18, 2017 Lead Plaintiff Deadline
on June 21, 2017 at 5:12 pm
SAN FRANCISCO , June 21, 2017 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP alerts investors in Aaron's, Inc. (NYSE: AAN) to the securities class action pending in the United States District Court for ... […]