aaron's inc (AAN:New York)
aaron's inc (AAN) Snapshot
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Open
$28.68
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Previous Close
$28.72
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Day High
$29.05
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Day Low
$28.67
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52 Week High
11/1/12 - $32.53
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52 Week Low
12/21/12 - $24.61
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Market Cap
2.2B
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Average Volume 10 Days
489.8K
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EPS TTM
$2.08
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Shares Outstanding
75.8M
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EX-Date
06/4/13
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P/E TM
13.8x
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Dividend
$0.07
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Dividend Yield
0.22%
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Related News
aaron's inc (AAN) Related Businessweek News
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Aaron's, Inc. operates as a specialty retailer of consumer electronics, computers, residential furniture, household appliances, and accessories in the United States and Canada. The company operates in four segments: Sales and Lease Ownership, Franchise, HomeSmart, and Manufacturing. It engages in the lease ownership, lease, and retail sale of various products, including widescreen and LCD televisions, computers, living room, dining room and bedroom furniture, washers, dryers, and refrigerators. The company offers products of various brands, such as JVC, Mitsubishi, Panasonic, Sony, Hewlett-Packard, Simmons, Frigidaire, LG, Samsung, and Sharp. As of April 1, 2013, it had approximately 2,075 company-operated and franchised stores in 48 states and Canada. The company was founded in 1955 and is based in Atlanta, Georgia.
aaron's inc (AAN) Top Compensated Officers
aaron's inc (AAN) Key Developments
Aaron's, Inc. announced Robert W. Kamerschen has joined the company as senior vice president and general counsel. Kamerschen will be responsible for managing all legal and governmental affairs for Aaron's, including employment law, regulatory matters, intellectual property, litigation, vendor relationships, financings, acquisitions, and other general legal matters. As General Counsel, he will report directly to Chairman, President and Chief Executive Officer Ronald W. Allen. Prior to joining Aaron's, Kamerschen served at Equifax since 2008 as the U.S. Chief Counsel, Senior Vice President and Chief Compliance Officer. Before that, he served as Vice President of Law and Public Policy at ChoicePoint. Earlier in his career, he was General Counsel to EzGov and practiced law in the Atlanta office of Troutman Sanders LLP.
The Board of Directors of Aaron's, Inc. has declared a quarterly cash dividend. The dividend declared is $0.017 per share on Common Stock, payable on July 5, 2013 to shareholders of record as of the close of business on June 6, 2013.
Aaron's, Inc. has appointed David Buck as new chief operating officer (COO). Buck was promoted to senior vice president of operations earlier this year. Ken Butler will be retiring as COO after a 39-year career at the company effective May 1, 2013. He will also resign from the company's board of directors.
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Industry Analysis
AAN
Industry Average
| Valuation | AAN | Industry Range |
| Price/Earnings | 10.4x |
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| Price/Sales | 0.7x |
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| Price/Book | 1.3x |
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| Price/Cash Flow | 11.0x |
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| TEV/Sales | 0.6x |
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