|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
Closing Bell Ringer, March 19, 2018
on March 19, 2018 at 8:06 pm
Ringing today's closing bells are Aaron’s Inc. chairman Ray Robinson at the NYSE; and Microchip Technology Chief Executive Officer Steve Sanghi at the NASDAQ. […]
Is Aaron’s Inc’s (NYSE:AAN) PE Ratio A Signal To Buy For Investors?
on March 18, 2018 at 1:10 pm
Aaron’s Inc (NYSE:AAN) trades with a trailing P/E of 11.7x, which is lower than the industry average of 18.7x. Although some investors may jump to the conclusion that this isRead More... […]
See what the IHS Markit Score report has to say about Aaron's Inc.
on March 8, 2018 at 1:04 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. […]
Aaron's, Inc. Directors Declare Dividend
on March 6, 2018 at 9:51 pm
ATLANTA , March 6, 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 ... […]
Aaron's And Progressive Leasing Surprise Indiana Teens With New Club Space
on March 2, 2018 at 10:38 pm
ATLANTA, March 2, 2018 /PRNewswire/ -- Aaron's, Inc. (AAN), a leading omnichannel provider of lease-purchase solutions, and its divisions Aaron's and Progressive Leasing, surprised teens last Thursday with a newly renovated Keystone Teen Center at the Middlebury Boys & Girls Club of Elkhart County. Through a partnership with Boys & Girls Clubs of America (BGCA) and input from the teen members, Aaron's associates and Club officials worked last week decorating and furnishing a multipurpose space at the Club. On Thursday, local Aaron's associates and Club officials revealed the new space, which is now equipped with new technology, sectionals, tables and chairs and sound systems. […]