by Mike Duff | Jul 26, 2022 | Retail Articles
The Aaron’s Co., an omnichannel provider of lease-to-own and retail purchase operations posted second-quarter financials that are the first that incorporate results from BrandsMart U.S.A., acquired April 1. Aaron’s net loss was $5.3 million, or 17 cents per...
by Mike Duff | Apr 26, 2022 | Home + Housewares
The Aaron’s Co. easily beat a Wall Street first-quarter earnings estimate even if sales did come up a little short. Net earnings as posted for the quarter were $21.5 million, or 68 cents per diluted share, versus $36.3 million, or $1.04 per diluted share, in the...
by Mike Duff | Feb 24, 2022 | Retail Articles
Even as it released its fourth-quarter financials, Aaron’s Co. announced that it has entered into a definitive agreement to acquire BrandsMart U.S.A. for $230 million in cash. The transaction, the purchaser stated, would deliver Aaron’s more than $3...
by Mike Duff | Oct 27, 2021 | Retail Articles
Third-quarter comp gains helped Aaron’s beat Wall Street earnings and revenues estimates. Net earnings for the 2021 third quarter were $24.3 million, or 73 cents per diluted share, Aaron’s reported, compared to $32.6 million, or 96 cents per diluted share, in...
by Mike Duff | Jul 27, 2021 | Retail Articles
Aaron’s Co. beat a Wall Street earnings estimate for the second quarter, noting that its investment in technology had helped drive gains. Net earnings for the quarter were $33 million, or 95 cents per diluted share, versus $22.4 million, or 66 cents per diluted...
