aaron’s, inc. (nyse: aan) is a specialty retailer serving consumers through the sale and lease ownership of furniture, consumer electronics, computers, home appliances, and accessories in over 1,900 company-operated and franchised stores in the united states and canada. the company was founded in 1955, is headquartered in atlanta and has been publicly traded since 1982. aaron’s is the industry leader in serving the moderate-income consumer and offering affordable payment plans, quality merchandise and superior service. this has been a milestone year at aaron’s. in april, aaron’s completed the transformative acquisition of progressive finance resulting in the strategic positioning of the company as the leader in both the traditional rent-to-own (rto) industry as well as the emerging virtual rent-to-own (rto) space. the acquisition supports the company’s strategy to address credit-challenged customers’ changing needs for acquiring home furniture, electronics and appliances as the consume
![Aarons Company Inc logo](/files/LOGO/1821393-AAN.png)
Company profile
Ticker
AAN
Exchange
Website
CEO
John Robinson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Aaron's SpinCo, Inc.
SEC CIK
Corporate docs
Subsidiaries
Aaron's, LLC • Aaron Investment Company, LLC • Aaron’s Canada, ULC • Aaron’s Logistics, LLC • Envizzo, LLC • Aaron’s Procurement Company, LLC • Aaron’s Strategic Services, LLC • Aaron's Business Real Estate Holdings, LLC • Aaron's US HoldCo, Inc. • Woodhaven Furniture Industries, LLC ...
AAN stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
28 Jun 24
DEFA14A
Additional proxy soliciting materials
17 Jun 24
8-K
The Aaron’s Company Enters into Definitive Agreement to Be Acquired by IQVentures for $10.10 Per Share
17 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
16 May 24
S-8
Registration of securities for employees
16 May 24
DEFA14A
Additional proxy soliciting materials
7 May 24
10-Q
2024 Q1
Quarterly report
6 May 24
8-K
The Aaron’s Company, Inc. Reports First Quarter 2024 Financial Results
6 May 24
SD
Conflict minerals disclosure
17 Apr 24
DEFR14A
Revised proxy
25 Mar 24
Transcripts
AAN
Earnings call transcript
2023 Q4
27 Feb 24
AAN
Earnings call transcript
2023 Q3
24 Oct 23
AAN
Earnings call transcript
2023 Q2
1 Aug 23
AAN
Earnings call transcript
2023 Q2
1 Aug 23
AAN
Earnings call transcript
2023 Q1
25 Apr 23
AAN
Earnings call transcript
2022 Q4
2 Mar 23
AAN
Earnings call transcript
2022 Q3
25 Oct 22
AAN
Earnings call transcript
2022 Q2
26 Jul 22
AAN
Earnings call transcript
2022 Q1
26 Apr 22
AAN
Earnings call transcript
2021 Q4
25 Feb 22
Latest ownership filings
4
Rachel G George
10 Jul 24
11-K
Annual report of employee stock purchases
12 Jun 24
4
Laura N Bailey
20 May 24
4
Marvonia P Moore
20 May 24
4
TIMOTHY A JOHNSON
20 May 24
4
Wangdali Bacdayan
20 May 24
4
Kristine Kay Malkoski
20 May 24
4
John W Robinson
20 May 24
4
Walter G Ehmer
20 May 24
4
Hubert L. Jr. Harris
20 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 42.66 mm | 42.66 mm | 42.66 mm | 42.66 mm | 42.66 mm | 42.66 mm |
Cash burn (monthly) | 6.00 mm | 269.25 k | 5.44 mm | 1.92 mm | 6.18 mm | (no burn) |
Cash used (since last report) | 23.20 mm | 1.04 mm | 21.03 mm | 7.41 mm | 23.89 mm | n/a |
Cash remaining | 19.46 mm | 41.62 mm | 21.63 mm | 35.25 mm | 18.77 mm | n/a |
Runway (months of cash) | 3.2 | 154.6 | 4.0 | 18.4 | 3.0 | n/a |
Institutional ownership, Q1 2024
80.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 151 |
Opened positions | 61 |
Closed positions | 26 |
Increased positions | 34 |
Reduced positions | 41 |
13F shares | Current |
---|---|
Total value | 167.40 bn |
Total shares | 25.43 mm |
Total puts | 37.30 k |
Total calls | 27.60 k |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 4.20 mm | $31.48 bn |
Vanguard | 1.91 mm | $14.30 bn |
Dimensional Fund Advisors | 1.74 mm | $13.08 bn |
Palisade Capital Management | 1.38 mm | $10.36 bn |
Solas Capital Management | 1.23 mm | $9.20 bn |
D. E. Shaw & Co. | 1.07 mm | $8.03 bn |
LSV Asset Management | 995.08 k | $7.46 mm |
Hotchkis & Wiley Capital Management | 890.37 k | $6.68 bn |
Acadian Asset Management | 807.93 k | $6.06 mm |
American Century Companies | 678.06 k | $5.09 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Jul 24 | Rachel G George | Common Stock | Buy | Acquire P | No | No | 8.48 | 500 | 4.24 k | 71,384 |
15 May 24 | Harris Hubert L. Jr. | Common Stock | Grant | Acquire A | No | No | 7.59 | 17,786 | 135.00 k | 51,196 |
15 May 24 | Barrett Kelly Hefner | Common Stock | Grant | Acquire A | No | No | 7.59 | 17,786 | 135.00 k | 47,126 |
15 May 24 | Robinson John W | Common Stock | Grant | Acquire A | No | No | 7.59 | 17,786 | 135.00 k | 313,318 |
15 May 24 | Ehmer Walter G | Common Stock | Grant | Acquire A | No | No | 7.59 | 17,786 | 135.00 k | 46,974 |
News
Insiders Buying Fortress Biotech And 2 Other Stocks
11 Jul 24
Expert Ratings For Aarons
10 Jul 24
Jefferies Downgrades Aarons to Hold, Lowers Price Target to $10.1
10 Jul 24
Beyond The Numbers: 4 Analysts Discuss Aarons Stock
18 Jun 24
Loop Capital Maintains Hold on Aarons, Raises Price Target to $10
18 Jun 24
Press releases
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SILK, AAN, PRMW, SGE on Behalf of Shareholders
19 Jul 24
Kuehn Law Encourages SILK, SGE, AAN, and PRMW Investors to Contact Law Firm
19 Jul 24
Aaron's Announces Opening of New BrandsMart U.S.A. Store in Kennesaw, Georgia
17 Jul 24
The Aaron's Company, Inc. to Announce Second Quarter 2024 Results
16 Jul 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PRMW, AAN, VAPO on Behalf of Shareholders
20 Jun 24