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Stock Market & Financial Investment News

News Breaks
February 20, 2014
07:10 EDTCONNConn's sees Q4 adjusted EPS 75c-80c, consensus 93c
This is below the level anticipated in the company’s previously issued full-year FY14 guidance. This decline reflects the impact of increased provision for bad debt due to higher-than-expected accounts receivable charge-offs and delinquency rates in December and January, and portfolio growth. Says Q4 SSS rose an estimated 33.4% from the same period last year.
News For CONN From The Last 14 Days
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February 9, 2016
06:09 EDTCONNConn's reports January SSS up 0.5% including all product categories
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06:08 EDTCONNConn's reports Q4 revenue $376.5M, consensus $455.88M
Conn's reported $101.0M in total retail net sales for the month ended January 31 a 7.9% increase compared to the same prior year period. For the three months ended January 31 total retail net sales were $376.5M, a 7.4% increase compared to the same prior year period. Company said, "Greater than 60-day delinquency was 9.9% as of January 31 compared to 9.7% as of January 31, 2015. The delinquency rate was flat as of January 31 compared to December 31, 2015, consistent with the trend in the same period a year ago."

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