by Mike Duff | May 17, 2024 | Retail Articles
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,...
by Mike Duff | Sep 22, 2023 | Retail Articles
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,...
by Mike Duff | Oct 25, 2022 | Retail Articles
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...
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...
