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U.S. retailer Aaron’s announces third-quarter sales of $ 452 million

Aaron’s Company, a leading technology-enabled omni-channel provider of owned and purchased solutions, reported a 2.5% revenue increase in the third quarter of 2009, ending September 30, 2021. .. Same period of the previous fiscal year. E-commerce revenue increased 13.3% from the third quarter of 2010, accounting for 14.3% of lease revenue.

Aaron’s is a leading omni-channel provider of technology-powered, owned and purchased solutions, with third-quarter (third-quarter) revenue growth of 2.5% to $ 452.2 million, ending September 30, 2021. It is reported that it has reached. Same period of the previous fiscal year. E-commerce revenue increased 13.3% from the third quarter of 2010, accounting for 14.3% of lease revenue.

“Approximately a year after the spin transaction, we have strengthened Aaron’s leadership position in the direct consumer leasing market: fast-growing e-commerce channels, forecast leasing decision engines, and the high-performance GenNext store. Through continued investment in, we deliver a better customer experience, increased productivity, and long-term business growth. ” Douglas Lindsay, CEO of Aaron’s Company, Said in a press release.

Aaron’s is a leading omni-channel provider of technology-powered, owned and purchased solutions, with third-quarter (third-quarter) revenue growth of 2.5% to $ 452.2 million, ending September 30, 2021. It is reported that it has reached. Same period of the previous fiscal year. E-commerce revenue increased 13.3% from the third quarter of 2010, accounting for 14.3% of lease revenue.

Gross profit increased to $ 284.6 million ($ 279.5 million) in the third quarter, while operating profit fell to $ 33.2 million ($ 41.3 million). The net profit of an American company fell to $ 24.3 million ($ 32.6 million).

Aaron’s is a leading omni-channel provider of technology-powered, owned and purchased solutions, with third-quarter (third-quarter) revenue growth of 2.5% to $ 452.2 million, ending September 30, 2021. It is reported that it has reached. Same period of the previous fiscal year. E-commerce revenue increased 13.3% from the third quarter of 2010, accounting for 14.3% of lease revenue.

In addition, Aarons has revised its full-year 2021 outlook and currently expects revenue to be between $ 1.82 billion and $ 1.83 billion.

Aaron’s is a leading omni-channel provider of technology-powered, owned and purchased solutions, with third-quarter (third-quarter) revenue growth of 2.5% to $ 452.2 million, ending September 30, 2021. It is reported that it has reached. Same period of the previous fiscal year. E-commerce revenue increased 13.3% from the third quarter of 2010, accounting for 14.3% of lease revenue.

“Third-quarter performance reinforces our full-year 2021 earnings and earnings outlook. Encourages continued year-over-year growth in our leasing portfolio and strong inventory positions we have built as we enter the market. “Peak demand season,” Lindsay concludes.

Fiber2Fashion News Desk (JL)



U.S. retailer Aaron’s announces third-quarter sales of $ 452 million

Source link U.S. retailer Aaron’s announces third-quarter sales of $ 452 million

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