SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): April 25, 2007
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AARON RENTS, INC.
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(Exact name of Registrant as Specified in its Charter)
Georgia 1-13941 58-0687630
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(State or other Jurisdiction of (Commission File (IRS Employer
Incorporation or Organization) Number) Identification No.)
309 E. Paces Ferry Road, N.E.
Atlanta, Georgia 30305-2377
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (404) 231-0011
Not Applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On April 25, 2007, Aaron Rents, Inc. issued a press release to announce
its financial results for the first quarter of 2007. A copy of the press release
is attached as Exhibit 99.1.
The press release presents the Company's net earnings and diluted earnings
per share for the first quarter of 2007 excluding the gain from the sale of a
parking deck at the Company's corporate headquarters. As material real estate
sales are not part of the Company's usual businesses, management believes that
presentation of this particular non-GAAP financial measure is useful because it
allows investors to more easily evaluate and compare the performance of the
Company's core sales and lease ownership and corporate furnishings businesses.
Non-GAAP financial measures however should not be considered in isolation or as
an alternative to financial measures calculated and presented in accordance with
GAAP, such as the Company's GAAP basis net earnings and diluted earnings per
share, which are also presented in the press release.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired:
None.
(b) Pro Forma Financial Information:
None.
(d) Exhibits:
Exhibit No. Description
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99.1 Aaron Rents, Inc. press release dated April 25, 2007,
announcing the Company's financial results for the first
quarter of 2007 (furnished pursuant to Item 2.02 of Form 8-K).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AARON RENTS, INC.
By: /s/ Gilbert L. Danielson
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Gilbert L. Danielson
Executive Vice President,
Date: April 25, 2007 Chief Financial Officer