The three operating divisions of Aaron Rents are: sales and lease ownership; corporate furnishings; and manufacturing. The Aaron's Sales & Lease Ownership division is the largest and fastest growing division, serving credit-constrained consumers in need of basic home furnishings, appliances and electronics. Customers range from white-collar professionals and blue-collar workers to young couples and retirees. The Aaron's Sales & Lease Ownership division has more than 1,475 Company-operated stores and franchised stores, and more than 30 Company-operated RIMCO stores and franchised RIMCO stores. The Company's Corporate Furnishings business serves both corporate customers with office furniture and residential furniture for employee relocations and the traditional residential customers. The MacTavish Furniture Industries division manufactures the majority of furniture leased, rented and sold by Aaron's. Vertical integration allows the Company to control quality, styling and cost, leading to superior customer service.

For the third quarter of 2007, revenues increased 13% to $359.4 million compared to $317.7 million for the same period a year ago. Net earnings were $15.9 million versus $17.4 million for the third quarter last year. Diluted earnings per share were $.29 compared to $.32 per share in 2006. On November 15, the Board of Directors raised the quarterly dividend to $.016 per share and increased the Company's share repurchase authorization to 5,000,000 shares. The Company anticipates record revenues and earnings this year with store growth of 15%.