Aaron's (AAN) Misses Q3 EPS by 9c

Aaron's (NYSE: AAN) reported Q3 EPS of $0.39, $0.09 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $767.7 million versus the consensus estimate of $782.18 million.

Same store revenues (revenues earned in Company-operated stores open for the entirety of both quarters) decreased 4.1% during the third quarter of 2015 compared with the third quarter of 2014, and customer counts on a same store basis were down 2.8%. Company-operated Aaron's stores had 1,037,000 customers and franchised stores had 565,000 customers at the end of the quarter, a 2.6% decline in total customers from the end of the third quarter a year ago (customers of franchisees are not customers of Aaron's, Inc.).

For earnings history and earnings-related data on Aaron's (AAN) click here.

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