Tag Archives: Progressive Finance

Aaron’s Names Danielson Interim CEO

Gilbert Danielson

ATLANTA-Gilbert Danielson, Aaron’s executive vice president and chief financial officer, has been named interim CEO of the rent-to-own retailer, effective after the retirement of current CEO Ron Allen on Aug. 31. Danielson has been chief financial officer of Aaron’s since 1990, and executive vice president since 1998. He has also been a director of Aaron’sMore »

Aaron’s Q2 Net Drops 67.1 Percent; COO Buck to Retire

Aaron's

ATLANTA-Huge gains in expenses and in depreciation of lease merchandise offset a strong revenue gain to send Aaron’s second-quarter net income plummeting 67.1 percent, to $8.5 million. Along with releasing its earnings, the lease-to-own retailer issued a separate statement saying that Dave Buck, its chief operating officer, will retire from the company. Buck served forMore »

Aaron’s Q1 Net Drops

Aaron's

ATLANTA-Lagging revenues and a spike in expenses cut 24.8 percent from Aaron’s first-quarter net income, which totaled $38.3 million. Net revenues in the quarter, which ended on March 31, slipped by 1.3 percent to $585.4 million. Sales at the company-operated retail stores edged up 0.6 percent in total, but same-store revenues and customer counts forMore »