Aaron's (AAN) Tops Q3 EPS by 4c; Announces Further Restructuring Measures; Narrows FY16 EPS Outlook
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Aaron's, Inc. Reports Third Quarter 2016 Results
October 28, 2016 7:00 AM EDTATLANTA, Oct. 28, 2016 /PRNewswire/ -- Aaron's, Inc. (NYSE: AAN), a leader in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories, today announced financial results for the three and nine month periods ended September 30, 2016.
For the third quarter of 2016, revenues increased to $769.0 million compared with $767.7 million for the third quarter of 2015. Net earnings increased to $29.5 million compared with $24.2 million in the prior year period. Diluted earnings per share were $.40 compared with $.33 per share a... More