- Conn's reported earnings on 3/31/21 that were some of the best earnings it has ever reported. Further, the earnings release was incredibly bullish on the future.
- Conn's generated over $460M in operating cash flow in FY2021 while paying down over $400M in debt.
- Post quarter end, the company tendered to pay down the remaining ~$140M of outstanding senior notes evidencing that significant cash generation is continuing to occur.
- This is a different retailer post-COVID, with opportunities to run a very profitable business without taking on unneeded credit risk.
For further details see:
Conn's: A Different Retailer Post-Covid With Stimulus Providing Rocket Fuel For Its Customers - Shares Should Double