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The Aarons Company Inc Stock Price, News & Analysis

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

The Aaron's Company Inc (NYSE: AAN) news hub provides investors with essential updates from this leading lease-to-own retailer. Track official announcements including quarterly earnings, strategic initiatives, and market developments through our curated collection of press releases and verified news coverage.

This resource consolidates AAN's financial communications, partnership announcements, and operational updates to help stakeholders monitor the company's performance in specialty retail. Key coverage areas include lease-to-own market trends, omnichannel expansion, and home goods retail strategies across Aaron's and BrandsMart U.S.A. operations.

Discover timely updates on inventory financing arrangements, store network developments, and technology implementations that shape AAN's market position. Our news archive serves as a historical record of corporate milestones while maintaining focus on current events impacting shareholder value.

Bookmark this page for streamlined access to AAN's financial disclosures and industry analysis. Check regularly for new filings, executive commentary, and strategic updates from this NYSE-listed retail innovator.

News
Rhea-AI Summary

The Aaron's Company, Inc. (NYSE: AAN) has declared a quarterly cash dividend of $0.1125 per share, payable on January 5, 2023. Shareholders of record as of the close of business on December 15, 2022 will receive this dividend. As a technology-enabled provider of lease-to-own and retail purchase solutions, Aaron's operates approximately 1,300 stores across the US and Canada, including its BrandsMart and Woodhaven divisions, which offer a variety of home goods.

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The Aaron's Company, Inc. (NYSE: AAN) will attend the Stephens Annual Investment Conference in Nashville, TN, on November 16, 2022, at 10 a.m. Eastern Time. CEO Douglas A. Lindsay, President Steve Olsen, and CFO C. Kelly Wall will engage in a fireside chat hosted by Stephens Bank Analyst Vincent Caintic. Investors can access a live audio webcast of the event at this link, and it will be archived on the company's investor relations website. Aaron's is a leader in lease-to-own and retail purchase solutions for home goods.

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The Aaron's Company, Inc. (NYSE: AAN) reported its third quarter 2022 financial results with revenues of $593.4 million, a 31.2% increase attributed to the BrandsMart acquisition. However, the company experienced a net loss of $15.6 million with an Adjusted EBITDA decrease of 34.3% to $35.2 million. Same-store revenues declined by 7.7%, while e-commerce revenue grew 11.1%. The firm also opened its 200th GenNext location.

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The Aaron's Company, Inc. (NYSE: AAN) will host a conference call on October 25, 2022, at 8:30 a.m. Eastern Time to discuss its third quarter 2022 financial results. The earnings release will be issued after the market closes on October 24, 2022. CEO Douglas A. Lindsay, President Steve Olsen, and CFO C. Kelly Wall will lead the discussion. Investors can join the call by dialing 1-844-200-6205 or 1-929-526-1599 for international access, using access code 405360.

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News
Rhea-AI Summary

The Aaron's Company, Inc. (NYSE: AAN) announced a quarterly cash dividend of $0.1125 per share, payable on October 4, 2022, to shareholders of record as of September 15, 2022. This declaration reflects the company’s ongoing commitment to return value to its shareholders while maintaining a focus on its omnichannel lease-to-own and retail solutions across approximately 1,300 locations in North America.

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The Aaron's Company reported consolidated revenues of $610.4 million for Q2 2022, a 30.6% increase due to the BrandsMart acquisition. However, net losses were $5.3 million compared to net earnings of $33.0 million in Q2 2021, with losses per share at $0.17. Adjusted EBITDA dropped 26.4% to $48.1 million, impacted by high inflation affecting customer demand. The Company updated its full-year guidance, projecting revenues between $2.19 billion and $2.27 billion, and adjusted EBITDA between $150 million and $170 million.

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The Aaron's Company, Inc. (NYSE: AAN) will host a conference call on July 26, 2022, at 8:30 a.m. ET to discuss its Q2 2022 financial results, which will be released before the market opens. CEO Douglas A. Lindsay and CFO C. Kelly Wall will lead the call. Participants can call 1-844-200-6205 (domestic) or 1-929-526-1599 (international) to join, using access code 336133. The webcast will also be available on the Company’s investor relations website for delayed playback.

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Rhea-AI Summary

The Aaron's Company, Inc. (NYSE: AAN) has announced a quarterly cash dividend of $0.1125 per share, payable on July 5, 2022. Shareholders of record as of June 16, 2022 will receive this dividend. As a leading omnichannel provider of lease-to-own solutions, Aaron's operates in 47 states and Canada, offering a range of home goods through both physical stores and e-commerce. The company aims to enhance shareholder value through its regular dividend payments, reflecting its financial stability.

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FAQ

What is the current stock price of The Aarons Company (AAN)?

The current stock price of The Aarons Company (AAN) is $10.09 as of October 3, 2024.

What is the market cap of The Aarons Company (AAN)?

The market cap of The Aarons Company (AAN) is approximately 318.3M.
The Aarons Company Inc

NYSE:AAN

AAN Rankings

AAN Stock Data

318.35M
30.11M
4.58%
87.74%
12.58%
Rental & Leasing Services
Services-equipment Rental & Leasing, Nec
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United States
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