Aaron's, Inc. retails consumer electronics, computers, residential furniture, household appliances, and accessories. It engages in the lease ownership, lease and retail sale of products such as widescreen and liquid crystal display televisions, computers, living room, dining room and bedroom furniture, washers, dryers, and refrigerators. The company operates through the following business segments: Progressive Leasing, Aaron’s Business and Vive. The Progressive Leasing segment provides lease-purchase solutions on a variety of products, including furniture and appliance, jewelry, mobile phones and accessories, mattress, and automobile electronics and accessories. The Aaron’s Business segment offers furniture, home appliances, consumer electronics and accessories to consumers with a lease-to-own agreement. The Vive segment offers a variety of second-look financing programs originated through third-party federally insured banks to customers of participating merchants and, together with Progressive Leasing, allows the Company to provide retail partners. The company was founded by R. Charles Loudermilk, Sr. in 1955 and is headquartered in Atlanta, GA.
Company profile
Ticker
AAN
Exchange
Website
CEO
John W. Robinson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AARON RENTS INC
SEC CIK
Corporate docs
Subsidiaries
Aaron Investment Company • Aaron’s Canada, ULC • Aaron’s Foundation, Inc. • Aaron’s Logistics, LLC • Aaron’s Procurement Company, LLC • Aaron's Production Company • Aaron’s Strategic Services, LLC • Aaron's Progressive Holdings Company • Woodhaven Furniture Industries, LLC • 99LTO, LLC ...
IRS number
580687630
Latest filings (excl ownership)
15-12B
Securities registration termination
29 Oct 20
25-NSE
Exchange delisting
19 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Oct 20
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
16 Oct 20
Latest ownership filings
Financial summary
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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) | 313.06 mm | 313.06 mm | 313.06 mm | 313.06 mm | 313.06 mm | 313.06 mm |
Cash burn (monthly) | 79.32 mm | (no burn) | (no burn) | 16.68 mm | (no burn) | (no burn) |
Cash used (since last report) | 3.64 bn | n/a | n/a | 765.68 mm | n/a | n/a |
Cash remaining | -3.33 bn | n/a | n/a | -452.62 mm | n/a | n/a |
Runway (months of cash) | -42.0 | n/a | n/a | -27.1 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 283 |
Opened positions | 39 |
Closed positions | 50 |
Increased positions | 218 |
Reduced positions | 24 |
13F shares | Current |
---|---|
Total value | 3.24 tn |
Total shares | 57.18 mm |
Total puts | 103.95 k |
Total calls | 70.55 k |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 11.48 mm | $653.00 bn |
Vanguard | 7.49 mm | $425.94 bn |
Kayne Anderson Rudnick Investment Management | 4.39 mm | $249.39 bn |
Conestoga Capital Advisors | 3.33 mm | $189.32 bn |
STT State Street | 2.33 mm | $132.24 bn |
MS Morgan Stanley | 2.06 mm | $117.42 bn |
Dimensional Fund Advisors | 1.74 mm | $99.08 bn |
Geneva Capital Management | 1.69 mm | $96.04 bn |
AMP Ameriprise Financial | 1.61 mm | $91.36 bn |
IVZ Invesco | 1.60 mm | $91.23 bn |