Double-digit drop for Aaron's after weak guidance

• Shares of Aaron's (NYSE:AAN -10.4%) trade lower after the company's Q4 EPS came in well-ahead of the consensus estimate, but sales growth numbers disappointed.
• Same-store sales fell at company-owned locations, but adjusted EBITDA was higher than a year ago.
• Cost-cutting and some weaning of underperforming stores helped pad the EBIDTA mark.
• The company's guidance for 2017 EPS came in lower than anticipated.
• Previously: More on Aaron's Q4 results (Feb. 17)
• Previously: Aaron's beats by $0.06, misses on revenue (Feb. 17)