| | Business Summary | | Aaron
Rents,
Inc.
is
engaged
in
the
sales
and
lease
ownership
and
rent-to-rent
industries
with
574
stores
in
42
states
and
Puerto
Rico.
The
Company
offers
both
individual
and
business
customers
a
wide
range
of
residential
and
office
furniture,
accessories,
consumer
electronics,
and
household
appliances
for
lease,
rental,
and
sale.
The
Company's
major
operating
divisions
are
the
Aaron's
Sales
&
Lease
Ownership
division,
(formerly
Aaron's
Rental
Purchase
division)
the
Aaron
Rents'
Rent-to-Rent
division,
and
the
MacTavish
Furniture
Industries
division,
which
manufactures
much
of
the
furniture
rented
and/or
sold
in
the
Company's
stores. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Aaron
Rents,
Inc.
rents
and
sells
residential
and
office
furniture,
accessories,
consumer
electronics
and
household
appliances.
RNT
has
three
divisions:
Sales
and
Lease
Ownership,
Rent-to-Rent
and
Furniture
Manufacturing.
For
the
six
months
ended
6/30/01,
revenues
rose
11%
to
$274.2
million.
Net
income
fell
13%
to
$12.3
million.
Revenues
reflect
new
store
openings
and
higher
comparable
store
sales.
Earnings
were
offset
by
acquisition
related
operating
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| R. Charles Loudermilk, Sr., 73
Chairman,
CEO | $1.0M | -- | Robert Loudermilk, Jr., 41
Pres,
COO, Director | 219K | -- | Gilbert Danielson, 54
CFO,
Exec. VP, Director | 244K | $202K | William Butler, Jr., 48
Pres
of Aaron's Rental Purchase Division, Director | 269K | 138K | Eduardo Quinones, 40
Pres
of the Rent-to-Rent Division | 189K | -- | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/r/rnt.gif)