The Aaron’s Co. has announced it entered into a definitive agreement for acquisition by fintech IQVentures Holdings for $10.10 per share in cash, or an enterprise value of $504 million. The price represents a premium of 34% over the company’s closing share...
For the first quarter, The Aaron’s Co. came up short of Wall Street estimates as the business turned to a loss. Net loss was $14.2 million, or 46 cents per diluted share, versus net earnings of $12.8 million, or 41 cents per diluted share, in the year-previous period,...
The Aaron’s Co. posted a net loss for the fourth quarter that fell far short of Wall Street estimates as revenue came up slightly short, as well. Net loss was $12.4 million, or 41 cents per diluted share, verses a net loss of $5.9 million, or 19 cents per diluted...
The Aaron’s Co. has appointed Russell Falkenstein, executive vp, COO, lease-to-own and named two new board of director members. He will oversee all lease-to-own operations at Aaron’s and BrandsMart Leasing. Falkenstein was senior vp, chief strategy,...
Aaron’s managed to beat Wall Street estimates for earnings and revenues in the third quarter despite a GAAP loss. Aaron’s posted a net loss of $15.6 million, or 51 cents per diluted share, versus net earnings of $24.3 million, or 73 cents per share, in the...
