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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.
The Aaron's Company (NYSE: AAN) donated $6,000 to assist a college-bound teen in Indiana through the Boys & Girls Clubs of America (BGCA). This contribution includes $3,000 for a personal refresh, providing essential items like a bedroom set, computer, and gaming chair, alongside a $3,000 transportation grant. Aaron's has invested over $10 million in the Keystone Club program since 2015, supporting youth development. The company has also actively sponsored the National Keystone Conference, demonstrating its commitment to empowering teens and enhancing community engagement.
The Aaron's Company, Inc. (NYSE: AAN) has declared a quarterly cash dividend of $0.10 per share. This dividend is scheduled for payment on October 5, 2021, to shareholders on record as of September 16, 2021. Aaron's operates approximately 1,300 stores across the U.S. and Canada, offering lease-to-own and purchase solutions for furniture, electronics, and appliances.
The Aaron's Company reported strong Q2 2021 results with total revenues of $467.5 million, an 8.5% increase year-over-year, driven by a robust lease portfolio and e-commerce growth of 15.8%. Net income surged 47.4% to $33.0 million, while diluted EPS rose 43.9% to $0.95. The company returned $42.0 million to shareholders through buybacks and dividends. It also revised its 2021 revenue guidance higher to between $1.775 billion and $1.800 billion. CEO Douglas Lindsay highlighted ongoing demand and strategic initiatives as key drivers of performance.
The Aaron's Company (NYSE: AAN) has partnered with former NFL players Warrick Dunn and Kurt Warner to furnish homes for five first-time homeowners through the "Homes for the Holidays" initiative. Each home received around $10,000 worth of furniture and accessories, alleviating financial burdens on single parents striving for homeownership. Events took place in Phoenix, St. Louis, Pinellas Park, and Sarasota, contributing to a total of 192 families supported by Dunn's charity. CEO Douglas Lindsay emphasized the importance of stability and independence that homeownership provides.
The Aaron's Company, Inc. (NYSE: AAN) will host a conference call on July 27, 2021, at 8:30 a.m. ET to discuss its second quarter 2021 financial results. The results will be released before the market opens on that day. CEO Douglas A. Lindsay and CFO C. Kelly Wall will lead the call. Interested parties can listen by dialing 1-833-979-2858 or via the company's investor relations website.
Aaron's operates approximately 1,300 stores across the U.S. and Canada, offering lease-to-own and purchase solutions for furniture, appliances, and consumer electronics.
The Aaron's Company (NYSE: AAN) has announced a $25,000 donation to support youth development through First Tee – Metro Atlanta. This contribution comprises $15,000 for program support and $10,000 for college-ready laptops for graduating seniors. The donation was awarded during the Youth Participant Celebration on June 5, 2021. CEO Douglas Lindsay emphasized the company's pride in partnering with organizations that benefit the community, while First Tee's Executive Director Marvin Hightower expressed gratitude for Aaron's support, highlighting its positive impact on graduates' futures.
The Aaron's Company, Inc. (NYSE: AAN) has declared a $0.10 per share quarterly cash dividend, scheduled for payment on July 6, 2021, to shareholders on record by June 17, 2021. As a leader in technology-enabled omnichannel lease-to-own solutions, Aaron's operates around 1,300 stores across 47 states and Canada, alongside its e-commerce platform, Aarons.com. This announcement reflects the company's ongoing commitment to returning value to its shareholders.
The Aaron's Company (NYSE: AAN) reported Q1 2021 revenues of $481.1 million, a growth of 11.1% year-over-year, alongside a significant turnaround in net income to $36.3 million from a loss of $323.8 million. Diluted EPS surged to $1.04, up from a loss of $9.57. Adjusted EBITDA reached $73.9 million, a 112.9% increase. E-commerce revenues soared 42% compared to last year, and same-store revenues grew by 14.8%. The company raised its full-year revenue outlook to between $1.725 billion and $1.775 billion.
The Aaron's Company (NYSE: AAN) has appointed three new independent board members: Laura N. Bailey, Timothy A. Johnson, and Marvonia P. Moore, effective May 3, 2021. Bailey brings extensive experience from Capital One, focusing on community impact. Johnson previously served as CFO at Big Lots, enhancing financial oversight. Moore, with a background at AT&T, adds expertise in B2B sales and marketing. These additions aim to strengthen the board's capabilities as Aaron's continues its mission of providing accessible lease-to-own solutions.
The Aaron's Company (NYSE: AAN) partnered with former NFL star Warrick Dunn to support a single mother in Austell, GA, providing home furnishings and down-payment assistance as part of Dunn's 'Home for the Holidays' initiative. This marks the 189th home celebration by Dunn's charity, aimed at helping single parents achieve homeownership. Aaron's continues its 17-year collaboration with Dunn, emphasizing community support and improving living conditions for families. The company operates approximately 1,300 stores across North America, engaging in direct-to-consumer sales and lease ownership of various products.
