On Oct. 25, Aaron Rents
- Operating margins improved 361 basis points, primarily thanks to a decline in operating expenses.
- Aaron's sales and lease ownership division performed well. Sales increased 15%, and same-store sales increased 6.9%. The division opened 32 new stores and acquired 11 franchised stores during the quarter.
- Long-term debt declined 48.6%, while cash increased 709.7% to $55 million.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales* |
$325 |
$318 |
$279 |
14% |
|
Net Profit |
-- |
$17 |
$9 |
96.6% |
|
EPS |
$0.30 |
$0.32 |
$0.17 |
88.2% |
|
Diluted Shares |
-- |
55 |
51 |
7.7% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
82.76% |
82.03% |
0.73 |
|
Operating Margin |
9.28% |
5.67% |
3.61 |
|
Net Margin |
5.47% |
3.17% |
2.30 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$55 |
$7 |
709.7% |
|
Accounts Rec. |
$41 |
$44 |
(5.2%) |
|
Inventory |
$554 |
$728 |
(23.9%) |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
- |
- |
N/A |
|
Long-Term Debt |
$90 |
$175 |
(48.6%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
The company did not provide a cash flow statement. (For shame!)
Find out why Fools always follow the money.
Related Companies:
-
Rent-A-Center
(NASDAQ:RCII) -
Rent-Way
(NYSE:RWY) -
United Rentals
(NYSE:URI)
Related Foolishness:
Rent-a-Center is a Motley Fool Inside Value recommendation.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
