8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): February 17, 2009

AARON RENTS, INC.

(Exact name of Registrant as Specified in its Charter)

Georgia	1-13941	58-0687630
(State or other Jurisdiction of Incorporation or Organization)	(Commission File Number)	(IRS Employer Identification No.)

309 E. Paces Ferry Road, N.E. Atlanta, Georgia	30305-2377
(Address of principal executive offices)	(Zip code)

Registrant’s telephone number, including area code:  (404) 231-0011

Not Applicable                                                      

(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):

o                 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o                 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o                 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o                 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

Furnished herewith as Exhibit 99.1 are restated unaudited consolidated statements of earnings of Aaron Rents, Inc. (the “Company”) for the three-month periods ended March 31, 2008, June 30, 2008, September 30, 2008, March 31, 2007, June 30, 2007, and September 30, 2007.  These statements have been restated to report the net earnings of the Company’s Aaron’s Corporate Furnishings division as discontinued operations for all periods presented.

As previously reported, on September 15, 2008, the Company announced that it had entered into an agreement to sell substantially all of the assets of its Aaron’s Corporate Furnishings division to CORT Business Services Corporation and to transfer certain liabilities of the division to CORT. The Company consummated the sale in the fourth quarter of 2008.

Pursuant to Statement of Financial Accounting Standards No. 144, “Accounting for the Impairment or Disposal of Long-Lived Assets,” the Company will no longer include the revenues and expenses of the Aaron’s Corporate Furnishings division on the Company’s statement of earnings, and will instead report net earnings of the business as discontinued operations in future financial statements.  Prior periods have been restated to reflect this change in accounting treatment and the assets of the business were reflected as assets held for sale on the Company’s balance sheet until the transaction closed.

Item 9.01                      Financial Statements and Exhibits.

(d)           Exhibits

Exhibit No.	Description
99.1	Restated Unaudited Consolidated Statements of Earnings of Aaron Rents, Inc. for the Three-Month Periods Ended March 31, 2008, June 30, 2008, September 30, 2008, March 31, 2007, June 30, 2007, and September 30, 2007

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
Date:  February 17, 2009		Gilbert L. Danielson Executive Vice President, Chief Financial Officer

2

EX-99.1

Aaron Rents, Inc. and Subsidiaries

Consolidated Statements of Earnings

(In thousands, except per share amounts)

(Unaudited)

	Three months ended
	March 31,		June 30,		Sept 30,
	2008		2008		2008
Revenues:
Rentals and Fees	$	299,675	$	294,777	$	291,102
Retail Sales		12,389		9,744		10,230
Non-Retail Sales		85,417		66,072		70,691
Franchise Royalties and Fees		11,039		10,894		11,127
Other		4,161		5,527		4,869
Total		412,681		387,014		388,019
Costs and Expenses:
Retail Cost of Sales		7,428		6,145		6,266
Non-Retail Cost of Sales		77,896		60,574		64,752
Operating Expenses		177,830		175,832		175,339
Depreciation of Rental    Merchandise		109,710		106,928		106,962
Interest		2,199		2,151		2,243
Total		375,063		351,630		355,562
Earnings from Continuing   Operations Before Taxes		37,618		35,384		32,457
Income Taxes		15,055		13,023		12,622
Net Earnings from Continuing    Operations		22,563		22,361		19,835
Earnings from Discontinued    Operations, Net of Tax		2,190		918		1,243
Net Earnings	$	24,753	$	23,279	$	21,078
Earnings Per Share: From Continuing Operations    From Discontinued Operations    Total	$	.42  .04  $.46	$	.42 .02 $.44	$	.37 .03 $.40
Earnings Per Share Assuming Dilution:    From Continuing Operations    From Discontinued Operations       Total	$	.42 .04 $.46	$	.41 .02 $.43	$	.37 .02 $.39
Weighted Average Shares    Outstanding		53,492		53,262		53,356
Weighted Average Shares    Outstanding Assuming Dilution		54,156		54,076		54,219

Aaron Rents, Inc. and Subsidiaries

Consolidated Statements of Earnings

(In thousands, except per share amounts)

(Unaudited)

	Three months ended
	March 31,		June 30,		Sept 30,
	2007		2007		2007
Revenues:
Rentals and Fees	$	265,802	$	257,158	$	257,294
Retail Sales		10,242		7,828		7,713
Non-Retail Sales		70,253		56,654		58,140
Franchise Royalties and Fees		9,914		9,602		8,881
Other		6,559		2,549		1,688
Total		362,770		333,791		333,716
Costs and Expenses:
Retail Cost of Sales		6,343		4,949		4,546
Non-Retail Cost of Sales		64,130		52,130		53,095
Operating Expenses		147,672		149,376		154,453
Depreciation of Rental    Merchandise		99,327		97,065		97,218
Interest		1,688		1,695		1,945
Total		319,160		305,215		311,257
Earnings from Continuing   Operations Before Taxes		43,610		28,576		22,459
Income Taxes		16,437		10,833		8,304
Net Earnings from Continuing    Operations		27,173		17,743		14,155
Earnings from Discontinued    Operations, Net of Tax		2,034		1,914		1,764
Net Earnings	$	29,207	$	19,657	$	15,919
Earnings Per Share: From Continuing Operations    From Discontinued Operations    Total	$	.50  .04  $.54	$	.33 .03 $.36	$	.26 .03 $.29
Earnings Per Share Assuming Dilution:    From Continuing Operations    From Discontinued Operations       Total	$	.49 .04 $.53	$	.33 .03 $.36	$	.26 .03 $.29
Weighted Average Shares    Outstanding		54,161		54,191		54,217
Weighted Average Shares    Outstanding Assuming Dilution		54,992		55,065		55,049