Aaron raises '09 forecast.(Aaron Rents Inc. revenue report)(Financial report)(Brief article)
Furniture-Today, January, 2009
By Furniture Today Staff
ATLANTA - Rent-to-own powerhouse Aaron Rents said it expects business trends to remain strong in 2009 and is raising its earnings estimates for the year.
The company, which operates about 1,535 corporate and franchised stores, now says 2009 earnings will be $1.70 to $1.85 per share. That's up from an October estimate of $1.65 to $1.80 per share.
'Aaron's Sales and Lease Ownership results continue to be strong with growing same-store revenues and customer counts,' said Robert Loudermilk Jr., ...
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