|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
Market Trends Toward New Normal in Aaron's, Plains All American Pipeline, Arrow Electronics, The Clorox, PVH, and Eldorado Resorts — Emerging Consolidated Expectations, Analyst Ratings
on August 13, 2018 at 11:45 am
NEW YORK, Aug. 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Aaron's, ... […]
Aaron's, Inc. Directors Declare Dividend
on August 10, 2018 at 8:10 pm
ATLANTA , Aug. 10, 2018 /PRNewswire/ -- The Board of Directors of Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions has declared a quarterly cash dividend. The dividend ... […]
See what the IHS Markit Score report has to say about Aaron's Inc.
on August 9, 2018 at 12:02 pm
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. […]
How Best Buy’s Valuation Looks at the Current Level
on July 30, 2018 at 11:33 am
Best Buy (BBY) stock was trading at a 12-month forward PE ratio of 14.9x as of July 25. Its valuation multiple has declined 2% since the announcement of its results for the first fiscal quarter of 2019. The results exceeded analysts’ expectations, but investors were disappointed with the contraction in margins and the slowdown in its online sales growth rate. […]
Edited Transcript of AAN earnings conference call or presentation 26-Jul-18 12:30pm GMT
on July 27, 2018 at 5:24 pm
Q2 2018 Aaron's Inc Earnings Ca […]