|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
Aaron's (AAN) Down 0.5% Since Last Earnings Report: Can It Rebound?
on August 24, 2019 at 1:31 pm
Aaron's (AAN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. […]
Aaron's (AAN) Upgraded to Buy: What Does It Mean for the Stock?
on August 20, 2019 at 1:00 pm
Aaron's (AAN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy). […]
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on August 19, 2019 at 3:11 pm
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5 Best Stocks to Buy on Booming Retail Sales
on August 16, 2019 at 12:41 pm
Sales at U.S. retailers picked up in July, a tell-tale sign that consumers are still confident about their well-being despite weakness in global growth. […]
The Zacks Analyst Blog Highlights: Boot Barn, Fossil, RH, Best Buy and Aaron's
on August 15, 2019 at 10:31 am
The Zacks Analyst Blog Highlights: Boot Barn, Fossil, RH, Best Buy and Aaron's […]