ATLANTA, Oct. 3, 2024 /PRNewswire/ -- The Aaron's Company, Inc. ("The Aaron's Company" or "Aaron's") (NYSE: AAN) today announced the completion of its acquisition by IQVentures Holdings, LLC ("IQVentures"), a leading fintech organization, for $10.10 per share in cash, or an enterprise value of approximately $504 million. The acquisition was originally announced on June 17, 2024, and approved by The Aaron's Company shareholders on September 25, 2024. With the completion of the transaction, The Aaron's Compan ...

ATLANTA, Oct. 3, 2024 /PRNewswire/ -- The Aaron's Company, Inc. ("The Aaron's Company" or "Aaron's") (NYSE: AAN) and IQVentures Holdings, LLC ("IQVentures") today announced that they expect to complete the previously announced acquisition by IQVentures of The Aaron's Company later today. The acquisition was originally announced on June 17, 2024, and approved by The Aaron's Company shareholders on September 25, 2024. Upon completion of the transaction, The Aaron's Company's common stock will cease trading an ...

A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN) . Shares have lost about 0.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Aaron's due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Aaron's Reports Q2 Loss, Lower Revenues at Both ...

The Aaron's Company, Inc. (AAN) reported a loss per share with revenues missing the Zacks Consensus Estimate in the second quarter of 2024. Also, both metrics declined year over year.Aaron's adjusted loss of 7 cents per share missed the Zacks Consensus Estimate of earnings of 3 cents. The company’s bottom line compared unfavorably with adjusted earnings of 39 cents per share in the year-ago quarter.Consolidated revenues dipped 5.1% to $503.1 million, due to soft lease revenues and fees at Aaron's business, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________ FORM 10-Q ________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER 1-39681 ________________________________ THE AARON'S COMPANY, INC. (Exact name ...

The Aaron's Company, Inc. (AAN) is slated to report second-quarter 2024 earnings on Aug 5, after the closing bell. The company is likely to register declines in the top and bottom lines in the second quarter.The Zacks Consensus Estimate for second-quarter revenues is pegged at $510 million, implying a decline of 3.9% from the year-ago quarter's reported figure. For quarterly earnings, the consensus mark is pegged at 3 cents per share, suggesting a significant drop of 92.3% from the 39 cents per share report ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Aaron's Company, Inc. (AAN) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August ...

The Aaron's Company, Inc. (AAN) recently announced the opening of its BrandsMart U.S.A. store in Kennesaw, GA, on Jul 20. The company is seeing strength in its e-commerce platform, buoyed by flexible payment options, low prices and a wider variety of products. It remains on track with its market optimization strategy, including the GenNext stores and hub.Let’s Know MoreSpanning across 35,000 square feet, the new store is situated on Barrett Parkway near Kennesaw State University. This will be the second Bra ...

Fourth Georgia store will be second new BrandsMart location to open since The Aaron's Company acquired BrandsMart U.S.A. in 2022 ATLANTA, July 17, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN), a leading, technologyenabled, omnichannel provider of lease-to-own and retail purchase solutions of appliances, electronics, furniture, and other home goods, today announced the grand opening of a new BrandsMart U.S.A. store in Kennesaw, Georgia, on Saturday, July 20th. The 35,000-square-foot store – loc ...

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 ...