The Aaron's Company, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
July 27, 2021 at 07:00 am EDT
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The Aaron's Company, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2021. For the quarter, the company reported revenues of $172,815,000 against $167,034,000 a year ago. Operating profit was $44,051,000 against $30,329,000 a year ago. Net earnings were $32,975,000 against $22,374,000 a year ago. Earnings per share was $0.98 against $0.66 a year ago.
For the six months, the company reported revenues of $350,801,000 against $332,618,000 a year ago. Operating profit was $92,642,000 against loss of $434,374,000 a year ago. Net earnings were $69,298,000 against loss of $301,400,000 a year ago. Earnings per share was $2.04 against loss of $8.91 a year ago.
The Aaronâs Company, Inc. is a technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions for appliances, electronics, furniture, and other home goods across its brands, including Aaronâs, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. The Company offers a direct-to-consumer lease-to-own solution through its approximately 1,240 Company-operated and franchised stores in 47 states and Canada, as well as its own e-commerce platform. BrandsMart U.S.A. is an appliance retailer in the country with about 11 retail stores in Florida and Georgia, as well as its e-commerce platform. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is the Company's furniture manufacturing division. The Companyâs business segment consists of Aaron's branded Company-operated and franchise-operated stores; aarons.com e-commerce platform (aarons.com); Woodhaven; and BrandsMart Leasing (collectively Aaronâs Business).
THE AARON'S COMPANY, INC. 
