The Aaron's Company, Inc. to Announce Second Quarter 2024 Results

Rhea-AI Summary

The Aaron's Company, Inc. (NYSE: AAN), a leading provider of lease-to-own and retail purchase solutions, has announced it will release its second quarter 2024 results after market close on Monday, August 5, 2024. This announcement comes in the wake of a significant development: on June 17, 2024, the Company disclosed that it has entered into a definitive agreement to be acquired by IQVentures Holdings, .

Due to this pending acquisition, Aaron's will not be hosting an earnings conference call to discuss the quarter's results. Instead, the financial results will be furnished with the SEC on a Form 8-K and will be made available on the Company's investor relations website at investor.aarons.com.

Positive

• Pending acquisition by IQVentures Holdings, , potentially indicating a positive valuation of the company
• Timely reporting of quarterly results, demonstrating transparency and compliance

Negative

• Cancellation of earnings conference call, potentially limiting investor engagement and detailed discussion of results
• Pending acquisition may create uncertainty for current shareholders and company operations

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 with the SEC on a Form 8-K and will be accessible and archived on the Company's investor relations website at investor.aarons.com.

 About The Aaron's Company, Inc.

Headquartered in Atlanta, The Aaron's Company, Inc. (NYSE: AAN) is a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions of appliances, electronics, furniture, and other home goods across its brands: Aaron's, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. Aaron's offers a direct-to-consumer lease-to-own solution through its approximately 1,210 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform. BrandsMart U.S.A. is one of the leading appliance retailers in the country with 12 retail stores in Florida and Georgia, as well as its e-commerce platform. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is the Company's furniture manufacturing division. For more information, visit investor.aarons.com, aarons.com, and brandsmartusa.com.

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SOURCE The Aaron's Company, Inc.

FAQ

When will The Aaron's Company (AAN) release its Q2 2024 results?

The Aaron's Company (AAN) will release its second quarter 2024 results after market close on Monday, August 5, 2024.

Will The Aaron's Company (AAN) host an earnings call for Q2 2024?

No, The Aaron's Company (AAN) will not host an earnings conference call for Q2 2024 due to the pending acquisition by IQVentures Holdings,

Where can investors access The Aaron's Company's (AAN) Q2 2024 financial results?

Investors can access The Aaron's Company's (AAN) Q2 2024 financial results on the company's investor relations website at investor.aarons.com and through the SEC Form 8-K filing.

What major corporate event was announced by The Aaron's Company (AAN) on June 17, 2024?

On June 17, 2024, The Aaron's Company (AAN) announced it has entered into a definitive agreement to be acquired by IQVentures Holdings,