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AARON RENTS, INC. EXPECTS RECORD THIRD QUARTER AND NINE MONTHS RESULTS LARGE EARNINGS INCREASE

 ATLANTA, Jan. 19 /PRNewswire/ -- R. Charles Loudermilk, Sr., chairman and chief executive officer of Aaron Rents, Inc. (NASDAQ: ARONA ARONB), today announced that the company expects to report record revenues and earnings for its third quarter and nine-month period ending Dec. 31, 1992.
 Aaron Rents is the nation's largest furniture rental and sales company.
 "Our revenues will show a double-digit increase over the previous year for both the third quarter and nine-month period," Loudermilk said. "We also anticipate earnings for the third quarter to be substantially higher than earnings a year ago and more than doubled for the nine months just ended."
 Aaron's Rent-To-Own (R), the cormilk said. The company's core rental business also continued to perform well, he added.
 The company opened its 41st Aaron's Rent-To-Own(R) store in December, an increase of 10 stores or a 32 percent expansion since March of last year. Three more stores are currently under construction and will open within the next several months.
 Atlanta-based Aaron Rents, Inc. produces its own lines of furniture for its rental stores at five plants in Georgia and Florida. The company recently opened its first business equipment rental store in Atlanta.
 -0- 1/19/93
 /CONTACT: Gilbert L. Danielson, vice president, finance and chief financial officer of Aaron Rents, Inc., 404-231-0011/
 (ARON)


CO: Aaron Rents, Inc. ST: Georgia IN: REA SU: ERP

RA-TG -- AT009 -- 6329 01/19/93 12:08 EST
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Publication:PR Newswire
Date:Jan 19, 1993
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