- Aaron's press release ( NYSE: AAN ): Q2 GAAP EPS of -$0.17 misses by $0.74 .
- Revenue of $610.38M (+30.6% Y/Y) beats by $6.19M .
- During the second quarter of 2022, the Company repurchased 254,216 shares of Aaron's common stock for a total purchase price of approximately $5.3 million.
- Adjusted EBITDA was $10.5 million in the second quarter, and as a percentage of total revenues for the BrandsMart segment, adjusted EBITDA was 5.8%.
- For the Aaron's Business, earnings before income taxes for the second quarter of 2022 were $29.5 million compared to $61.7 million in the second quarter of 2021.
- The Company assumes depreciation and amortization of $85.0 million to $90.0 million, and a diluted weighted average share count of approximately 31.5 million shares for the full year.
- For the full year 2022, we now expect consolidated total revenues between $2.19 billion and $2.27 billion, adjusted EBITDA between $150.0 million and $170.0 million, and non-GAAP earnings per share between $1.75 and $2.15.
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Aaron's GAAP EPS of -$0.17 misses by $0.74, revenue of $610.38M beats by $6.19M