|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) Q4 Earnings & Revenues Improve Y/Y, Shares Rise
on February 15, 2019 at 2:11 pm
Aaron's (AAN) top and bottom lines lag the Zacks Consensus Estimate. However, both the metrics increase year over year, owing to improved sales in most segments and enhanced margins. […]
Aaron's (AAN) Q4 2018 Earnings Conference Call Transcript
on February 14, 2019 at 8:53 pm
AAN earnings call for the period ending December 31, 2018. […]
Is Aaron's (AAN) a Suitable Stock for Value Investors Now?
on February 14, 2019 at 2:30 pm
Let's see if Aaron's, Inc. (AAN) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks. […]
Aaron's (AAN) Q4 Earnings and Revenues Lag Estimates
on February 14, 2019 at 2:20 pm
Aaron's (AAN) delivered earnings and revenue surprises of -0.97% and -0.32%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock? […]
Is Aaron's (AAN) a Great Value Stock Right Now?
on February 14, 2019 at 2:10 pm
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. […]