Name | Value |
---|---|
Revenues | 511.5M |
Cost of Revenue | 240.1M |
Gross Profit | 271.4M |
Operating Expense | 258.2M |
Operating I/L | 13.1M |
Other Income/Expense | -29.5M |
Interest Income | 4.5M |
Pretax | -16.3M |
Income Tax Expense | -2.1M |
Net Income/Loss | -14.2M |
The Aaron's Company, Inc. provides lease-to-own and purchase solutions for furniture, appliances, electronics, computers, and accessories through its company-operated and franchised stores in the United States and Canada, as well as its e-commerce platform. Additionally, it manufactures and supplies bedding and upholstered furniture. The company generates revenue through direct-to-consumer sales, lease ownership, and e-commerce transactions, offering customers the flexibility to acquire products through payment plans. As of December 31, 2021, the company operated 1,074 stores and 236 independently owned franchised stores, solidifying its presence in the retail and lease-to-own market.