ATLANTA, Ga., May 6, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE:AAN) today released its first quarter 2024 financial results. Highlights of those results and the 2024 outlook are included below, in the attached supplement, and at investor.aarons.com. First Quarter 2024 Consolidated Results: Revenues were $511.5 million Adjusted EBITDA1 was $22.7 million Loss per share was $0.46; Non-GAAP loss per share1 was $0.15 Reaffirms full year 2024 outlook for revenue and adjusted EBITDA and raises outlook for non-GAAP EPS on lower estimated tax rate Key Business Highlights2: Aaron's Business recurring revenue written increased 2.3% driven by 6.8% growth in lease merchandise deliveries E-commerce recurring revenue written increased 94.1% benefiting from new omnichannel lease decisioning and customer acquisition program Lease portfolio size ended Q1 down 4.8% year-over-year, a sequential improvement of 220 basis points from the end of Q4 2023 Same store3 lease portfolio size ended Q1 down 1.4% year-over-year, a sequential improvement of 300 basis points from the end of Q4 2023 Positive momentum continued into April with lease merchandise deliveries up 18.6% driven by e-commerce growth of 116.3% Write-offs were 5.9%; expect full year write-offs in line with guidance of 6% to 7% BrandsMart comparable sales decreased 9.4%, a sequential improvement of ...