UPDATE: Conn's (CONN) Posts Q1 GAAP EPS of 43c
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Conn’s, Inc. Reports First Quarter Fiscal 2016 Financial Results
June 2, 2015 6:00 AM EDTTHE WOODLANDS, Texas--(BUSINESS WIRE)-- Conns, Inc. (NASDAQ: CONN), a specialty retailer of furniture and mattresses, home appliances, consumer electronics and home office products, and provider of consumer credit, today announced its financial results for the first quarter ended April 30, 2015.
Financial Results
First-quarter fiscal 2016 significant items included (on a year-over-year basis unless noted):
Consolidated revenues increased 8.8% to $365.1 million due to new store openings, partially offset by a decrease in same store sales of 4.3%, as well as an increase in credit revenue from growth in the... More