AAN - Earnings announcements

ATLANTA, Aug. 5, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN) today released its second quarter 2024 financial results. Highlights of those results are included below, in the attached supplement, and at investor.aarons.com. Second Quarter 2024 Consolidated Results: Revenues were $503.1 millionNet loss was $11.9 millionAdjusted EBITDA1 was $24.5 millionLoss per share was $0.39; Non-GAAP loss per share1 was $0.07Key Business Highlights2: Announced the Company entered into a definitive agreement to be acquired by IQVentures Holdings, LLC for $10.10 per shareAaron's Business recurring revenue written increased 6.1% driven by 11.1% growth in lease m

ATLANTA, July 16, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN; "the Company"), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, will release its second quarter 2024 results after market close on Monday, August 5, 2024. On June 17, 2024, the Company announced that it has entered into a definitive agreement to be acquired by IQVentures Holdings, LLC. In light of this pending transaction, the Company will not be hosting an earnings conference call to discuss its results for the quarter. The results will be furnished

ATLANTA, Ga., May 6, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN) today released its first quarter 2024 financial results. Highlights of those results and the 2024 outlook are included below, in the attached supplement, and at investor.aarons.com. First Quarter 2024 Consolidated Results: Revenues were $511.5 millionAdjusted EBITDA1 was $22.7 millionLoss per share was $0.46; Non-GAAP loss per share1 was $0.15Reaffirms full year 2024 outlook for revenue and adjusted EBITDA and raises outlook for non-GAAP EPS on lower estimated tax rateKey Business Highlights2: Aaron's Business recurring revenue written increased 2.3% driven by 6.8% growth in leas

ATLANTA, April 15, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN, ", the Company", ))), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, will host a conference call and webcast on Tuesday, May 7, 2024, at 8:30 a.m. Eastern Time to discuss its first quarter 2024 financial results. The Company will issue its earnings release after the market closes on Monday, May 6, 2024. Chief Executive Officer Douglas A. Lindsay will host the earnings call along with President Steve Olsen and Chief Financial Officer C. Kelly Wall. Th

ATLANTA, Feb. 26, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN) today released its fourth quarter and full year 2023 financial results. Highlights of those results and the 2024 outlook are included below, in the attached supplement, and at investor.aarons.com. Fourth Quarter 2023 Consolidated Results1: Revenues were $529.5 million, a decrease of 10.2%Adjusted EBITDA2,3 was $22.4 million, a decrease of 25.2%Loss per share was $0.41; Non-GAAP loss per share2 was $0.26Write-offs were 6.5% in the Aaron's Business, an improvement of 60 basis pointsFull Year 2023 Consolidated Results1: Revenues were $2.14 billion, a decrease of 4.9%Adjusted EBITDA2,3

ATLANTA, Feb. 6, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN; "the Company"), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, will host a conference call and webcast on Tuesday, February 27, 2024, at 8:30 a.m. Eastern Time to discuss its fourth quarter and full year 2023 financial results. The Company will issue its earnings release after the market closes on Monday, February 26, 2024. Chief Executive Officer Douglas A. Lindsay will host the earnings call along with President Steve Olsen and Chief Financial Officer C. Kelly Wall.

ATLANTA, Oct. 3, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN, ", the Company", ))), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, will host a conference call and webcast on Tuesday, October 24, 2023, at 8:30 a.m. Eastern Time to discuss its third quarter 2023 financial results. The Company will issue its earnings release after the market closes on Monday, October 23, 2023. Chief Executive Officer Douglas A. Lindsay will host the earnings call along with President Steve Olsen and Chief Financial Officer C. Kelly Wall.

ATLANTA, July 31, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN) today released its second quarter 2023 financial results. Complete financial results are available at investor.aarons.com. Highlights of those results are included below and in the attached supplement. Second Quarter 2023 Consolidated Results1: Revenues were $530.4 million, a decrease of 13.1%Net earnings were $6.5 million, an increase of 222.0%; Non-GAAP net earnings2 were $12.2 million, a decrease of 50.6%Adjusted EBITDA2,3 was $42.4 million, a decrease of 17.0%Diluted EPS was $0.21; Non-GAAP diluted EPS2 was $0.39Write-offs were 5.4% in the Aaron's Business, an improvement of 30

ATLANTA, July 6, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN; "the Company"), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions will host a conference call and webcast on Tuesday, August 1, 2023, at 8:30 a.m. Eastern Time to discuss its second quarter 2023 financial results. The Company will issue its earnings release after the market closes on Monday, July 31, 2023. Chief Executive Officer Douglas A. Lindsay will host the earnings call along with President Steve Olsen and Chief Financial Officer C. Kelly Wall. The

ATLANTA, April 24, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN) today released its first quarter 2023 financial results. Complete financial results are available at  investor.aarons.com. Highlights of those results are included below and in the attached supplement. First Quarter 2023 Consolidated Results: Revenues were $554.4 million, an increase of 21.5% due to the BrandsMart acquisitionNet earnings were $12.8 million, a decrease of 40.6%; Non-GAAP net earnings1 were $20.5 million, a decrease of 25.5%Adjusted EBITDA1,2 was $45.9 million, a decrease of 20.7%Diluted EPS was $0.41; Non-GAAP diluted EPS1 was $0.66Updated 2023 full year outlook; ra

ATLANTA , April 5, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN, ", the Company", ))), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions will host a conference call and webcast on Tuesday, April 25, 2023, at 8:30 a.m. Eastern Time to discuss its first quarter 2023 financial results. The Company will issue its earnings release after the market closes on Monday, April 24, 2023. Chief Executive Officer Douglas A. Lindsay will host the earnings call along with President Steve Olsen and Chief Financial Officer C. Kelly Wall.

ATLANTA, March 1, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN) today released its fourth quarter and full year 2022 financial results. Complete financial results are available at investor.aarons.com. Highlights of those results, the 2023 outlook, and the updated multi-year strategic plan are included below and in the attached supplement. Fourth Quarter 2022 Consolidated Results: Revenues were $589.6 million, an increase of 32.5%, benefiting from the BrandsMart acquisitionNet loss was $5.9 million, a decrease of 135.9%; Non-GAAP net earnings1 were $2.8 millionAdjusted EBITDA1 was $27.7 million, a decrease of 33.0%Diluted loss per share was $0.19

ATLANTA, Jan. 31, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN, ", the Company", ))), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions will host a conference call and webcast on Thursday, March 2, 2023, at 8:30 a.m. Eastern Time to discuss its fourth quarter and full year 2022 financial results. The Company will issue its earnings release after the market closes on Wednesday, March 1, 2023. Chief Executive Officer Douglas A. Lindsay will host the earnings call along with President Steve Olsen and Chief Financial Officer C. Kelly Wall.

ATLANTA, Oct. 24, 2022 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN) today released its third quarter 2022 financial results. Complete financial results are available at investor.aarons.com. Highlights of those results are included below and in the attached supplement. Consolidated Results:Revenues were $593.4 million, an increase of 31.2%, benefiting from the BrandsMart acquisitionNet loss was $15.6 million; Adjusted net earnings1 were $9.7 millionAdjusted EBITDA1 was $35.2 million, a decrease of 34.3%Loss per share was $0.51; Non-GAAP EPS1 was $0.31Key Items:Aaron's Business same-store revenues decreased 7.7% compared to an increase of 4.6% in the

ATLANTA, Oct. 3, 2022 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN, ", the Company", ))), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions will host a conference call and webcast on Tuesday, October 25, 2022, at 8:30 a.m. Eastern Time to discuss its third quarter 2022 financial results. The Company will issue its earnings release after the market closes on Monday, October 24, 2022. Chief Executive Officer Douglas A. Lindsay will host the Tuesday call along with President Steve Olsen and Chief Financial Officer C. Kelly Wall.

Consolidated revenues were $610.4 million, up 30.6%, benefiting from BrandsMart acquisitionStrong performance from Aaron's e-commerce channel and GenNext storesLosses per share were $0.17; Non-GAAP earnings per share were $0.79, adjusted primarily for acquisition-related itemsNet losses were $5.3 million; Non-GAAP net earnings were $24.8 millionConsolidated adjusted EBITDA was $48.1 million, down 26.4%, as high inflation pressured lower-income consumersUpdates full year adjusted EBITDA outlook to $150 million to $170 millionATLANTA, July 25, 2022 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solut

ATLANTA, July 5, 2022 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN, ", the Company", ))), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions will host a conference call and webcast on Tuesday, July 26, 2022, at 8:30 a.m. Eastern Time to discuss its second quarter 2022 financial results scheduled for release before the market opens on that day. Chief Executive Officer, Douglas A. Lindsay, and Chief Financial Officer, C. Kelly Wall, will host the call. The public is invited to listen to the call by dialing 1-844-200-6205 a fe

First Quarter Same Store Revenues Increased 9.6% on a Two-Year BasisLease Portfolio Size Ended First Quarter Up Year-Over-Year Diluted EPS of $0.68; Non-GAAP Diluted EPS of $0.872022 Aaron's Core Business Outlook Remains UnchangedUpdated Consolidated Outlook for 2022 Includes BrandsMart U.S.A., Acquired April 1, 2022ATLANTA, April 25, 2022 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, today announced financial results for the first quarter ended March 31, 2022. "I am plea

ATLANTA, April 7, 2022 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN, ", the Company", ))), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, will host a conference call and webcast on Tuesday, April 26, 2022, at 8:30 a.m. Eastern Time to discuss its first quarter 2022 financial results scheduled for release before the market opens on that day. Chief Executive Officer, Douglas A. Lindsay, and Chief Financial Officer, C. Kelly Wall, will host the call. The public is invited to listen to the call by dialing 1-844-200-6205 a

ATLANTA, Feb. 23, 2022 /PRNewswire/ -- Fourth Quarter 2021 Highlights Total Revenues of $444.8 Million, a 3.4% Increase Same Store Revenues Increased 4.8%; E-commerce Revenues Increased 13.0% Net Income of $16.3 Million; Adjusted EBITDA of $41.3 Million Diluted EPS of $0.50; Non-GAAP Diluted EPS of $0.60 Full Year 2021 Highlights Total Revenues of $1.85 Billion, a 6.4% Increase Same Store Revenues Increased 9.3%; E-commerce Revenues Increased 20.1% Net Income of $109.9 Million; Adjusted EBITDA of $234.1 Million Diluted EPS of $3.26; Non-GAAP Diluted EPS of $3.75 Ended 2021 w

ATLANTA, Feb. 23, 2022 /PRNewswire/ -- The Aaron's Company, Inc. ("Aaron's") (NYSE:AAN), a leading technology-enabled, omnichannel provider of lease-to-own and purchase solutions, today announced that it has entered into a definitive agreement to acquire BrandsMart U.S.A. ("BrandsMart"). Under the terms of the agreement, total consideration is approximately $230 million in cash, subject to certain closing adjustments, and the transaction is expected to close in the second quarter of 2022. With this transaction, we believe that Aaron's will deliver over $3 billion in total annual revenues and over $300 million in adjusted EBITDA by year-end 2026.

ATLANTA, Feb. 1, 2022 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN), a leading, technology-enabled, omnichannel provider of lease-to-own and purchase solutions, will host a conference call and webcast on Thursday, February 24, 2022, at 8:30 a.m. Eastern Time to discuss its fourth quarter 2021 financial results scheduled for release after the market closes on Wednesday, February 23, 2022. Chief Executive Officer, Douglas A. Lindsay, and Chief Financial Officer, C. Kelly Wall, will host the call. The public is invited to listen to the call by dialing 1-844-200-6205 a few

ATLANTA, Oct. 26, 2021 /PRNewswire/ -- Third Quarter Financial Highlights Total Revenues of $452.2 Million, a 2.5% Increase Same Store Revenues Increased 4.6%; E-commerce Revenues Increased 13.3% Net Income of $24.3 Million; Adjusted EBITDA of $53.6 Million Diluted EPS of $0.73; Non-GAAP Diluted EPS of $0.83 Returned $37.5 Million to Shareholders Through Share RepurchasesRefer to the "Basis of Presentation" section below for information regarding the consolidated and combined financial results for the periods discussed in this release. The Aaron's Company, Inc. (NYSE:AAN), a

ATLANTA, Oct. 7, 2021 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN), a leading, technology-enabled, omnichannel provider of lease-to-own and purchase solutions, will host a conference call and webcast on Tuesday, October 26, 2021, at 8:30 a.m. Eastern Time to discuss its third quarter 2021 financial results scheduled for release before the market opens on that day. Chief Executive Officer, Douglas A. Lindsay, and Chief Financial Officer, C. Kelly Wall, will host the call. The public is invited to listen to the call by dialing 1-844-200-6205 a few minutes before the sche

ATLANTA, July 27, 2021 /PRNewswire/ -- Second Quarter Financial Highlights Total Revenues of $467.5 Million, an 8.5% Increase Same Store Revenues Increased 11.2%; E-commerce Revenues Increased 15.8% Net Income of $33.0 Million, a 47.4% Increase; Adjusted EBITDA of $65.3 Million, a 16.3% Increase Diluted EPS of $0.95, a 43.9% Increase; Non-GAAP Diluted EPS of $1.05, a 26.5% Increase Returned $42.0 Million to Shareholders Through Share Repurchases And DividendsRefer to the "Basis of Presentation" section below for information regarding the consolidated and combined financial res