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Aaron's Inc.'s CFO Discusses Q3 2011 Results - Earnings Call Transcript

Aaron’s, Inc. ( AAN)

F3Q11 Earnings Call

October 24, 2011 5:00 pm ET


Gilbert L. Danielson – Chief Financial Officer, Executive Vice President & Director

R. Charles Loudermilk, Sr. – Chairman of the Board

Robert C. Loudermilk, Jr. – President, Chief Executive Officer & Director

William K. Butler, Jr. – Chief Operating Officer & Director


David Magee – SunTrust Robinson Humphrey

Analyst for Matthew McCall – BB&T Capital Markets

Analyst for Bud Bugatch – Raymond James

Analyst for Bradley Thomas – KeyBanc Capital Markets

John A. Baugh – Stifel Nicolaus



Welcome to the third quarterly earnings conference call. (Operator Instructions). I would like to introduce your host, Gil Danielson, CFO of Aaron’s, Inc. You may proceed Mr. Danielson.

Gilbert L. Danielson

Thank you for joining us this afternoon. The operator is going to read our standard Safe Harbor statement before we get started and then we’ll have a few comments, and then after that we’ll have a few questions and answers.


The company’s earnings release issued today and related Form 8K are available on our website in the investor’s relation section. This webcast will be archived for replay there as well. With us today is Charlie Loudermilk, Chairman; Robert Loudermilk, CEO; Ken Butler, COO; and Gil Danielson, CFO.

Before we discuss the results I would like to read the company’s Safe Harbor statement. Except for the historical information the matters discussed today are forward-looking statements of the company. As such, they will involve a number of risks and uncertainties including factors such as changes in general economic conditions, competition, pricing, customer demand, litigation, and other issues that could cause actual results to differ materially from those such statements including the risks and uncertainties discussed under risk factors in the company’s 2010 annual report on Form 10K, including, without limitation, in the company’s projected revenues, earnings, and store openings, and store acquisitions, and dispositions activity for the future period.

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