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Conn's (CONN -6.5%) shares slips down after the company failed to meet the expectation in Q4. The company saw same store sales growth of 6.2% in the quarter, total retail sales growth of 13.0% and eCommerce sales growth of 131.8% to $24.1M. Same store sales were driven by increase in demand a...
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Conn's press release (NASDAQ:CONN): Q4 Non-GAAP EPS of $0.33 misses by $0.15. Revenue of $402.49M (+9.4% Y/Y) misses by $9.95M. Same store sales increased 6.2%; Total retail sales increased 13.0%; eCommerce sales increased 131.8%. CEO comment: "Throughout fiscal year 2023, we will focus ...
Annual retail sales increased 22.7% to $1.3 billion Annual eCommerce sales increased 171.3% to a record $71.3 million Annual credit spread of 1,170 basis points, helps drive record annual credit segment profitability Annual GAAP earnings increased to a record $3.61 per d...
Conn’s posted strong performance in the recent quarters. Its investor day targets were also impressive. However, I believe management’s target will prove optimistic and see near-term headwinds for the stock. Hence, I have a neutral rating on the stock despite che...
THE WOODLANDS, Texas, March 22, 2022 (GLOBE NEWSWIRE) -- Conn's, Inc. (NASDAQ: CONN), a specialty retailer of home goods, including furniture, appliances and consumer electronics, today announced it will host a conference call on March 29, 2022, to discuss its fourth quarter fiscal year 202...
Conn's has a new three-year growth strategy in place, driving growth and margin expansion over time. New management is also de-risking the credit portfolio, which should mitigate much of the post-COVID headwinds. The market may have become too skeptical, and the latest buyback cou...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Retail interest in GameStop (NYSE: GME ) soared last year after the WallStreetBets Reddit group, whose members numbered in the millions, provoked a speculative buying frenzy. GME stock shot up from less than $20 a ...
Conn's HomePlus Expands Within Texas to Abilene Specialty retailer expands Texas footprint, offering Abilene residents an affordable alternative for home products PR Newswire HOUSTON , Feb. 23, 2022 /PRNewswire/ -- Conn's HomePlus (NASDAQ: CONN), a speci...
Conn's HomePlus Enters Daytona Beach, Florida Specialty retailer expands brand in Florida, offering Daytona Beach residents an affordable alternative for home products PR Newswire HOUSTON , Jan. 21, 2022 /PRNewswire/ -- Conn's HomePlus (NASDAQ: CONN)...
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