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Aarons Holdings Company(AAN-N)
NYSE

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Day High10.10
Open:10.08
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PR Newswire
Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600
PR Newswire
The Aaron's Company, Inc. Reports Second Quarter 2023 Financial Results, Updates Full Year Outlook

Profile

Aaron's Co., Inc. is a major omnichannel provider of lease-to-own (LTO) and purchase solutions, mainly to underserved and credit-challenged customers. It deals in sales and lease ownership, apart from specialty retailing of furniture, home appliances, electronics, computers, and various other products and accessories. Its business also includes the Woodhaven Furniture Industries (Woodhaven). Woodhaven is the manufacturer and supplier of most of the bedding and a large portion of the upholstered furniture leased and sold at Aaron's. It also operates through its e-commerce site, Aarons.com. Aaron's has only 1 reporting segment. It generates revenues through lease revenues and fees (via LTO model, lease provided as per terms agreed by the customers), retail and non-retail sales, and franchise royalties and fees (in the form of royalties & advertisements).