|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 Directors Declare Cash Dividend
on May 5, 2021 at 8:15 pm
The Aaron's Company, Inc. (NYSE: AAN), a leading technology-enabled omnichannel provider of lease-to-own and purchase solutions, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share and declared such dividend payable July 6, 2021 to shareholders of record as of the close of business on June 17, 2021. […]
The Aaron's Company, Inc. Just Beat EPS By 86%: Here's What Analysts Think Will Happen Next
on May 1, 2021 at 7:04 am
The Aaron's Company, Inc. ( NYSE:AAN ) just released its quarterly report and things are looking bullish. It was a... […]
Why Aaron's Stock Rocketed 25% in the First Hour of Trading Today
on April 27, 2021 at 3:23 pm
Shares of rent-to-own specialist Aaron's took off after the company's earnings release. Here's a quick look at why. […]
Aarons Company Inc (The) to Host Earnings Call
on April 27, 2021 at 10:30 am
NEW YORK, NY / ACCESSWIRE / April 27, 2021 / Aarons Company Inc (The) (NYSE:AAN) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on April 27, 2021 at 8:30 AM Eastern Time.To listen to the event live or access a replay of the call - visit https://www. […]
Is AAN Stock A Buy or Sell?
on April 26, 2021 at 3:31 pm
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period [… […]