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Aaron Rents, Inc.
Aaron Rents, Inc. Reports Second Quarter Results; Revenues Up 15%; Same Store Revenues Up 4.1%; EPS Up 19%; Raises Earnings Guidance for Year
August 8th, 2008
Aaron Rents, Inc. (NYSE:RNT), the nation's leader in the sales and lease ownership, specialty retailing and rental of residential and office furniture, consumer electronics and home appliances and accessories, announced revenues and earnings for the three months ended June 30, 2008. For the second quarter of 2008, revenues rose 15% to $411.2 million compared to $359.0 million for the second quarter of 2007. Net earnings were $23.3 million versus $19.7 million for the same period a year ago, an 18% increase. Diluted earnings per share were up 19% to $.43 compared to $.36 per share last year. For the first six months of this year, revenues were up 14%...
Source: Health Business Week (2008-08-08)
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