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First Quarter 2006 Chairman's Letter
Aaron Rents, Inc. Investor Presentation
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Replay
Q3 2009 Aaron's Inc. Earnings Conference Call
October 21, 2009, 5:00 PM ET |
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Corporate Profile
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Aaron’s, Inc. is the leader in lease ownership and specialty retailing of office furniture, consumer electronics, home appliances and electronics with more than 1,655 Company-operated and franchised stores in 48 states and Canada. Founded in 1955 by entrepreneur R. Charles Loudermilk and publicly traded since 1982, Aaron's was a pioneer in the furniture rental industry.
There are two operating divisions of Aaron’s: sales and lease ownership and manufacturing. The Aaron's 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. The Sales & Lease Ownership division has 1,072 Company-owned stores and 569 franchised stores. The MacTavish Furniture Industries division manufactures the majority of furniture leased and sold by Aaron’s. Vertical integration allows the Company to control quality, styling and cost, leading to superior customer service.
For the first nine months of 2009, revenues increased 10% to $1.307 billion compared to $1.188 billion for the same period of 2008. Net earnings were $87.5 million versus $69.1 million for the first nine months of 2008. Diluted earnings per share were $1.60 compared to $1.28 in the prior year period quarter. Our customer count for the third quarter of 2009 increased 12%. Same store revenues increased 6.3% during the third quarter of 2009 compared to the third quarter of 2008.
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Contact Information
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Address
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Aaron's Inc.
309 E. Paces Ferry Road, N.E.
Atlanta, GA 30305-2377
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Phone
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(404) 231-0011
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Fax
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(404) 240-6584
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IR Contact
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Aleks Nearing CPA
Phone 678-402-3710
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E-mail
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IR@aaronrents.com
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Home page
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www.aaronrents.com
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Executive Officers
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R. Charles Loudermilk, Sr.
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Chairman of the Board
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Robert C. Loudermilk, Jr.
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President and Chief Executive Officer
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Gilbert L. Danielson
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Executive Vice President, Chief Financial Officer
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William K. Butler
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Chief Operating Officer
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James L. Cates
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Senior Group Vice President and Corporate Secretary
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Mitchell S. Paull
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Senior Vice President of Merchandising and Logistics
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Sales & Lease Ownership Division
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Elizabeth L. Gibbs
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Vice President, General Counsel
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K. Todd Evans
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Vice President, Franchising, Aaron's Sales & Lease Ownership Division
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B. Lee Landers, Jr.
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Vice President, Chief Information Officer
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Robert P. Sinclair, Jr.
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Vice President, Corporate Controller
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For SEC filings purposes
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Directors
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R. Charles Loudermilk, Sr.
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Chairman of the Board, Aaron Rents, Inc.
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Ronald W. Allen
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Retired Chairman, President and Chief Executive Officer, Delta Air Lines Inc.
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Leo Benatar
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Senior Partner and Associate Consultant, A.T. Kearney, Inc.
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William K. Butler
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Chief Operating Officer, Aaron's, Inc.
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Gilbert L. Danielson
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Executive Vice President and Chief Financial Officer, Aaron Rents, Inc.
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Earl Dolive
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Vice Chairman of the Board, Emeritus, Genuine Parts Company
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David L. Kolb
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Chairman, Mohawk Industries
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Robert C. Loudermilk, Jr.
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President and Chief Executive Officer, Aaron Rents, Inc.
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Ray M. Robinson
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President, AT&T Southern Region
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John Schuerholz
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Executive Vice President and General Manager, Atlanta Braves
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John C. Portman, Jr.
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Chairman and Chief Executive Officer
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Shareholder Information
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Exchange
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NYSE Archipelago Exchange (.N)
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Stock Quote (AAN)
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26.02
As of 11/20/09 4:00 PM
Minimum 20 minutes delayed
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How To Invest In Aaron's Inc. |
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All Listed Securities
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AAN |
Common Stock |
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AANA |
Class A Common Stock |
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Transfer Agent
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Computershare Shareholder Services, LLC
P.O. Box 43078
Providence, RI 02940-3078
Phone (800) 568-3476
URL http://www.computershare.com
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Corporate Counsel
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Kilpatrick Stockton, LLP
1100 Peachtree Street
Suite 2800
Atlanta, GA 30309-4530
Phone (404) 815-6500
Fax (404) 815-6555
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Independent Accountants
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Ernst & Young LLP
55 Ivan Allen Jr. Blvd NW
Suite 1000
Atlanta, GA 30301
Phone (404) 874-8300
Fax (404) 817-4344
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