Aaron's Inc Updates FY 2013 Guidance; Issues Q1 2013 Guidance

Aaron's Inc announced that it is updating its guidance for fiscal 2013 and expects to achieve the following: Fiscal 2013 revenues (excluding revenues of franchisees) of approximately $2.4 billion and GAAP fiscal 2013 diluted earnings per share in the range of $2.25 to $2.41, unchanged from previous guidance. EPS guidance does not assume any additional significant repurchases of the Company's Common Stock. For the first quarter of 2013, the Company expects revenues (excluding revenues of franchisees) of approximately $630 million and diluted earnings per share (EPS) in the range of $.70 to $.74 per share.