aaron's

Aaron’s reported a positive second quarter with a rise in overall revenues following its acquisition of SEI, the company’s largest franchisee.

For the second quarter of 2017 ended June 30, company revenues were $815.6 million compared with $789.4 million for the second quarter of 2016. Net earnings were $36.3 million compared with $38.5 million in the prior year period. Diluted earnings per share were $0.51 compared with $0.53 a year ago.

The company’s Progressive Leasing revenue in the second quarter increased 25.1% to $373.5 million from $298.6 million in the second quarter of 2016. Overall revenues for the Aaron’s business decreased 10.7% to $433.6 million in the second quarter from $485.5 million in the second…