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Aarons Company Inc (The) - AAN STOCK NEWS

Welcome to our dedicated news page for Aarons Company (The) (Ticker: AAN), a resource for investors and traders seeking the latest updates and insights on Aarons Company (The).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Aarons Company (The)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
The Aaron's Company, Inc. will host an earnings call on May 7, 2024, to discuss its first quarter 2024 financial results. CEO Douglas A. Lindsay, President Steve Olsen, and CFO C. Kelly Wall will lead the call. The public can join by dialing 1-833-470-1428.
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-0.56%
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The Aaron's Company, Inc. (AAN) declares a quarterly cash dividend of $0.125 per share, payable on April 3, 2024, to shareholders of record as of March 14, 2024.
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-18.55%
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Rhea-AI Summary
The Aaron's Company, Inc. (NYSE: AAN) reported its fourth quarter and full year 2023 financial results, showing a decrease in revenues and adjusted EBITDA. Despite improvements in write-offs, the company faced challenges in its Aaron's Business segment. The outlook for 2024 includes a revenue range of $2.055 billion to $2.155 billion, with a conference call scheduled for February 27, 2024.
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The Aaron's Company, Inc. will discuss its fourth quarter and full year 2023 financial results in a conference call and webcast on February 27, 2024. The company's CEO, Douglas A. Lindsay, will host the call along with President Steve Olsen and CFO C. Kelly Wall. The public can listen to the call by dialing 1-833-470-1428 or 1-929-526-1599 for international participants. The earnings release will be issued after the market closes on February 26, 2024.
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-1.65%
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The Aaron's Company, Inc. (AAN) recently opened new GenNext stores in Live Oak, FL and Rockford, IL, as part of its strategy to better serve communities across the country. These stores reflect the latest expansion of the Company's GenNext store initiative, offering larger showrooms, updated signage, expanded product assortment, and enhanced technology-enabled shopping and checkout. The CEO, Douglas Lindsay, expressed excitement about delivering exceptional value and service to customers in these new locations. So far this year, Aaron's has converted or opened 38 GenNext stores, bringing the total to 249 company-operated GenNext stores since launching the initiative in 2018.
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-0.68%
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AAN: The Aaron's Company Announces $0.125 Quarterly Cash Dividend
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-2.28%
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Rhea-AI Summary
The Aaron's Company, Inc. released its Q3 2023 financial results, reporting a decrease in revenues and adjusted EBITDA. However, write-offs in the Aaron's Business improved, and cost optimization initiatives are on track. The company also updated its 2023 full year outlook. The Aaron's Business saw a decrease in adjusted EBITDA and improvement in write-offs. GenNext stores accounted for over 30% of lease revenues, and e-commerce revenues increased slightly. BrandsMart reported a decrease in adjusted EBITDA and opened a new store in Augusta, GA.
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-21.15%
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The Aaron's Company announces the grand opening of a new BrandsMart U.S.A. store in Augusta, Georgia.
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-2.4%
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The Aaron's Company will host a conference call and webcast on October 24, 2023, to discuss its Q3 2023 financial results.
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-1.4%
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The Aaron's Company opens new GenNext store in Fort Smith, Arkansas as part of its expansion initiative, offering enhanced customer experience and value.
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-1.63%
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Aarons Company Inc (The)

NYSE:AAN

AAN Rankings

AAN Stock Data

215.91M
29.53M
4.04%
90.71%
1.42%
Furniture Stores
Retail Trade
Link
US
Atlanta

About AAN

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 1,900 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 consume