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Aaron's Inc (AAN.N)

AAN.N on New York Stock Exchange

44.26USD
16 Jul 2018
Change (% chg)

$-0.63 (-1.40%)
Prev Close
$44.89
Open
$44.98
Day's High
$44.98
Day's Low
$43.87
Volume
126,834
Avg. Vol
195,848
52-wk High
$49.74
52-wk Low
$34.29

Latest Key Developments (Source: Significant Developments)

Aaron's Inc directors raise dividend by 10.0pct
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Aaron's Inc ::Aaron's Inc directors raise dividend by 10.0pct.Sets quarterly dividend of $0.03per share.  Full Article

Aaron's, Inc. reports third quarter 2017 results
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Aaron's Inc :Aaron's, Inc. reports third quarter 2017 results.Q3 earnings per share $0.35.Q3 same store sales fell 5 percent.Q3 revenue $838.9 million versus $769 million.Q3 non-GAAP earnings per share $0.43.Aaron's Inc - ‍estimated total impact of hurricanes to diluted EPS of $0.06 to $0.08 in Q3​.‍company is reaffirming its outlook for 2017​.Aaron's Inc - ‍excluding financial impact of storms, remain on track to deliver full year outlook​.Q3 earnings per share view $0.54, revenue view $825.9 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $2.55, revenue view $3.35 billion -- Thomson Reuters I/B/E/S.  Full Article

Signet Jewelers announces first phase of strategic outsourcing of credit portfolio
Thursday, 25 May 2017 

May 25 (Reuters) - Signet Jewelers Ltd :Signet Jewelers announces first phase of strategic outsourcing of credit portfolio.Signet Jewelers Ltd - will sell $1.0 billion of its prime-only credit quality accounts receivable to Alliance Data Systems Corporation at par value.Signet Jewelers Ltd - Signet will form a seven-year partnership with progressive leasing a subsidiary of Aaron's, Inc..Signet Jewelers Ltd - as part of second phase, Signet intends to fully outsource its secondary credit programs.Signet Jewelers Ltd - company plans on engaging in discussions with capital providers to finalize fully-outsourced structure.Signet Jewelers- Co, Genesis Financial Solutions entered into preliminary agreement where genesis will service Signet's non-prime accounts receivable.Signet Jewelers Ltd - first phase of outsourced partnership structure is designed to substantially maintain Signet's net sales.Signet Jewelers - transaction expected to be accretive to EPS in first full year of operations based on current stock prices and an october 2017 close.Signet Jewelers Ltd - expects improved cash flow profile, capital efficiency with slight decline in operating income from sale of primary credit program.Signet Jewelers Ltd - intends to use proceeds from sale of its prime receivables to alliance data to repay its $600 million securitization facility.  Full Article

Aaron's Inc Q2 non-gaap earnings per share $0.59
Friday, 29 Jul 2016 

Aaron's Inc : Fy2016 revenue view $3.33 billion -- Thomson Reuters I/B/E/S . Previous fy 2016 total revenue outlook was $2.05 billion to $2.15 billion . Sees quarterly same store revenue of approximately negative 3% to flat for remainder of 2016 . Sees fy 2016 non-gaap earnings per share $2.13 to $2.33 versus previous outlook of $2.20 to $2.40 . Fy2016 earnings per share view $2.24 -- Thomson Reuters I/B/E/S . Aaron's, inc. Reports second quarter 2016 results . Q2 non-gaap earnings per share $0.59 . Q2 earnings per share $0.53 . Q2 revenue rose 2.6 percent to $789.4 million . Sees fy 2016 revenue $3.15 billion to $3.35 billion . "a soft demand environment for the core business continued to impact lease activity, which was below our expectations" . "in light of core results, we're taking steps to further address our expense structure, including a thorough review of our store base" .Same store revenue decreased 1.2% during q2 of 2016.  Full Article

BRIEF-Aaron's Q1 Earnings Per Share $0.73

* SAME STORE REVENUES DECREASED 4.4% DURING Q1 OF 2018 FOR THE AARON'S BUSINESS