Aaron's, Inc. (NYSE: AAN), is a leader in the sales and lease ownership and specialty retailing of residential furniture, consumer electronics, home appliances and accessories with more than 2,000 Company-operated and franchised stores in 48 states and Canada. Founded in 1955 by entrepreneur R. Charles Loudermilk and publicly traded since 1982, Aarons was a pioneer in the furniture rental industry.
There are two operating divisions of Aaron's: sales and lease ownership and manufacturing. The Aarons Sales & Lease Ownership division is the largest and fastest growing division, serving credit-constrained consumers in need of basic home furnishings, appliances and electronics. Customers range from white-collar professionals and blue-collar workers to young couples and retirees.
At Sept... (Source: SEC reports)