Aaron's (AAN) Posts Wider Q1 Loss, Misses Sales Estimates

The Aaron's Company, Inc. (AAN) reported a wider-than-expected loss per share in the first quarter of 2024. Also, its revenues missed the Zacks Consensus Estimate and declined year over year.Aaron's delivered an adjusted loss of 15 cents per share, wider than the Zacks Consensus Estimate of a loss of 8 cents. The company’s bottom line compared unfavorably with adjusted earnings of 66 cents per share in the year-ago quarter. The soft bottom-line performance can be attributed to the decline in revenues, and h ...