EXHIBIT 99.1

Contact:
Aaron’s, Inc.
SCR Partners
 
Michael P. Dickerson
Jeff Black
 
Vice President, Investor Relations
615.760.3679
 
678.402.3950
JBlack@scr-ir.com
 
Mike.Dickerson@Aarons.com
 



Aarons, Inc. Reports Record Third Quarter Revenue and Earnings
Reaffirms and Tightens 2018 Annual Outlook

Record Third Quarter Consolidated Revenues of $953.1 Million, Up 14%;
Record Third Quarter Diluted EPS $0.62; Non-GAAP Diluted EPS $0.69, Up 60%
Progressive Leasing Revenues Up 27%; EBITDA Up 32%
Aaron's Business Same Store Revenue Flat To Prior Year

ATLANTA, October 25, 2018 - Aaron’s, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, today announced financial results for the three months ended September 30, 2018.
“This quarter demonstrates the strength of our model as we achieved solid growth in both revenue and earnings while we continued to invest in the future growth of our business,” said John Robinson, Chief Executive Officer.
“Progressive achieved 32% EBITDA growth on a 27% increase in revenue, driven by strong invoice volume growth, consistent portfolio performance, and well-managed expenses. In addition, the team continues to execute on the conversion of our robust retail partner pipeline,” continued Mr. Robinson.
“The Aaron’s Business delivered improved same store revenue performance in the quarter, and year-over-year recurring revenue written into the portfolio was positive for the third consecutive quarter. I am proud of the team as they balanced the onboarding of 90 newly acquired franchised stores with the advancement of our business transformation. We continue to be encouraged by the improvements we are seeing in the business and the results of these initiatives,” concluded Mr. Robinson.




The following information was filed by Aaron's Inc on Thursday, October 25, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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