Aaron Rents, Inc. (RNT) Reports Fourth Quarter and Fiscal Year End Results
Aaron Rents, Inc. (RNT), based in Atlanta, Georgia, currently has over 1,565 Company- operated and franchised stores in 48 states and Canada for the rental and sale of residential and office furniture, accessories, consumer electronics and household appliances. The company also manufactures furniture, bedding and accessories at 12 facilities in five states. The company recently announced its fourth quarter and fiscal year end results. For the fourth quarter 2007, revenues increased 14% to $388.6M compared to $339.9M for the fourth quarter 2006. Net earnings were $15.5M versus $19.0M for 2006. The Aaron’s Sales & Lease Ownership division increased its revenues…