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
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)
SD
Conflict minerals disclosure
17 Apr 24
DEFR14A
Revised proxy
25 Mar 24
ARS
2023 FY
Annual report to shareholders
21 Mar 24
DEFA14A
Additional proxy soliciting materials
21 Mar 24
DEF 14A
Definitive proxy
21 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
The Aaron’s Company, Inc. Reports Fourth Quarter & Full Year 2023 Financial Results, and Announces 2024 Outlook
26 Feb 24
8-K
Aaron's Directors Declare Cash Dividend
8 Nov 23
10-Q
2023 Q3
Quarterly report
23 Oct 23
8-K
Updates Full Year Outlook
23 Oct 23
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
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | 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) | 39.31 mm | 39.31 mm | 39.31 mm | 39.31 mm | 39.31 mm | 39.31 mm |
Cash burn (monthly) | (no burn) | (no burn) | 2.42 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 16.10 mm | n/a | n/a | n/a |
Cash remaining | n/a | n/a | 23.22 mm | n/a | n/a | n/a |
Runway (months of cash) | n/a | n/a | 9.6 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
85.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 164 |
Opened positions | 29 |
Closed positions | 27 |
Increased positions | 61 |
Reduced positions | 48 |
13F shares | Current |
---|---|
Total value | 265.67 bn |
Total shares | 26.99 mm |
Total puts | 78.10 k |
Total calls | 69.60 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.56 mm | $37.29 bn |
Vanguard | 2.03 mm | $21.28 bn |
Dimensional Fund Advisors | 1.89 mm | $19.79 bn |
Palisade Capital Management | 1.39 mm | $14.61 bn |
D. E. Shaw & Co. | 1.17 mm | $12.26 bn |
Solas Capital Management | 979.01 k | $10.25 bn |
LSV Asset Management | 958.93 k | $10.04 mm |
Charles Schwab Investment Management | 912.17 k | $9.55 bn |
Hotchkis & Wiley Capital Management | 746.57 k | $7.82 bn |
STT State Street | 694.72 k | $7.36 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Mar 24 | Christopher K Wall | Common Stock | Payment of exercise | Dispose F | No | No | 7.18 | 9,686 | 69.55 k | 82,718 |
7 Mar 24 | Rachel G George | Common Stock | Payment of exercise | Dispose F | No | No | 7.18 | 6,052 | 43.45 k | 70,884 |
7 Mar 24 | Douglass L Noe | Common Stock | Payment of exercise | Dispose F | No | No | 7.18 | 3,123 | 22.42 k | 33,146 |
7 Mar 24 | Stephen W Olsen | Common Stock | Payment of exercise | Dispose F | No | No | 7.18 | 13,584 | 97.53 k | 120,666 |
7 Mar 24 | Russell Falkenstein | Common Stock | Payment of exercise | Dispose F | No | No | 7.18 | 5,656 | 40.61 k | 63,091 |
News
12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session
20 Mar 24
TD Cowen Initiates Coverage On Aarons with Market Perform Rating, Announces Price Target of $7
8 Mar 24
Truist Securities Maintains Hold on Aarons, Lowers Price Target to $9
28 Feb 24
Why Helix Energy Solutions Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
27 Feb 24
12 Consumer Discretionary Stocks Moving In Tuesday's Intraday Session
27 Feb 24
Press releases
The Aaron's Company, Inc. Announces First Quarter 2024 Earnings Call and Webcast
15 Apr 24
Thinking about trading options or stock in Walmart, Micron Technology, Apple, Unity Software, or Aaron's Company?
27 Feb 24
The Aaron's Company, Inc. Reports Fourth Quarter & Full Year 2023 Financial Results, and Announces 2024 Outlook
26 Feb 24
Aaron's Directors Declare Cash Dividend
26 Feb 24
The Aaron's Company, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Call and Webcast
6 Feb 24