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Conn's Inc (CONN.OQ)

CONN.OQ on NASDAQ Stock Exchange Global Select Market

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19 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Conn's Reports Q1 Adjusted Earnings Per Share Of $0.58
Friday, 31 May 2019 06:00am EDT 

May 31 (Reuters) - Conn's Inc ::CONN’S INC REPORTS FIRST QUARTER FISCAL YEAR 2020 FINANCIAL RESULTS.Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.58 EXCLUDING ITEMS.Q1 GAAP EARNINGS PER SHARE $0.60.Q1 EARNINGS PER SHARE ESTIMATE $0.53 -- REFINITIV IBES DATA.AUTHORIZES $75 MILLION STOCK REPURCHASE PROGRAM.BENEFIT HURRICANE HARVEY REBUILDING HAD IN Q1 LAST FISCAL YEAR CONTINUES TO IMPACT YEAR-OVER-YEAR SAME STORE SALES COMPARISONS.QTRLY TOTAL REVENUES $353.5 MILLION VERSUS $358.4 MILLION.SEES Q2 CHANGE IN SAME STORE SALES BETWEEN NEGATIVE 4% AND 0%.SEES Q2 RETAIL GROSS MARGIN BETWEEN 39.75% AND 40.25% OF TOTAL NET RETAIL SALES.  Full Article

Conn's Says George Bchara Promoted To Executive Vice President And CFO
Friday, 31 May 2019 06:00am EDT 

May 31 (Reuters) - Conn's Inc ::GEORGE BCHARA PROMOTED TO EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.LEE WRIGHT PROMOTED TO EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER.  Full Article

Conn's Q4 Adjusted Non-GAAP Earnings Per Share $0.96 Excluding Items
Tuesday, 26 Mar 2019 06:01am EDT 

March 26 (Reuters) - Conn's Inc ::CONN'S, INC. REPORTS FOURTH QUARTER FISCAL YEAR 2019 FINANCIAL RESULTS.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.96 EXCLUDING ITEMS.Q4 GAAP EARNINGS PER SHARE $0.91.Q4 EARNINGS PER SHARE ESTIMATE $0.76 -- REFINITIV IBES DATA.Q4 NON-HARVEY SAME STORE SALES UP 3.7%.CONN'S - QTRLY SAME STORE SALES FELL 1.4%, UP 660 BASIS POINTS.QTRLY TOTAL RETAIL SALES OF $338.7 MILLION, AN INCREASE OF 1.3%.CONN'S - SEES CHANGE IN SAME STORE SALES BETWEEN NEGATIVE 5% AND NEGATIVE 1% IN Q1.SEES RETAIL GROSS MARGIN BETWEEN 39.5% AND 40.0% OF TOTAL NET RETAIL SALES IN Q1.CONN'S - SEES FINANCE CHARGES AND OTHER REVENUES BETWEEN $88.5 MILLION AND $92.5 MILLION IN Q1.QTRLY TOTAL REVENUES ABOUT $433 MILLION VERSUS $420.4 MILLION.Q4 REVENUE VIEW $438.1 MILLION -- REFINITIV IBES DATA.  Full Article

Conn's Reports Q3 Earnings Per Share $0.05
Thursday, 7 Dec 2017 06:00am EST 

Dec 7 (Reuters) - Conn's Inc ::CONN'S, INC. REPORTS THIRD QUARTER FISCAL YEAR 2018 FINANCIAL RESULTS.Q3 EARNINGS PER SHARE $0.05.Q3 EARNINGS PER SHARE VIEW $0.04 -- THOMSON REUTERS I/B/E/S.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.18 EXCLUDING ITEMS.SEES ‍CHANGE IN SAME STORE SALES DOWN MID SINGLE DIGITS FOR Q4 OF FISCAL YEAR 2018​.SEES ‍Q4 PROVISION FOR BAD DEBTS BETWEEN $55.0 MILLION AND $59.5 MILLION​.- FOR Q4 OF FISCAL 2018, SEES RETAIL GROSS MARGIN BETWEEN 39.0% AND 39.5% OF TOTAL RETAIL NET SALES.SEES ‍Q4 FINANCE CHARGES AND OTHER REVENUES BETWEEN $86.0 MILLION AND $90.0 MILLION​.- QTRLY TOTAL REVENUE $373.2 MILLION VERSUS $376.8 MILLION.  Full Article

Conn's Inc provides business update post Hurricane Harvey and third quarter guidance
Monday, 23 Oct 2017 05:24pm EDT 

Oct 24 (Reuters) - Conn's Inc :Conn's Inc provides business update post Hurricane Harvey and third quarter guidance.Conn's Inc - ‍same store sales during Aug, Sept affected by approximately 100 lost selling days and reduced traffic associated with Hurricane Harvey​.Conn's Inc - ‍finance charges and other revenues for Q3 of fiscal year 2018 are expected to be between $80 million and $83 million​.Conn's Inc - ‍company expects same store sales for Q3 of fiscal year 2018 to be down 5.0 pct to 9.0 pct​.Conn's Inc - ‍for Q3 of fiscal year 2018 company anticipates retail gross margin to be between 39.0 pct and 39.5 pct​.Conn's Inc - ‍SG&A expenses for Q3 of fiscal year 2018 will include approximately $1.5 million of one-time hurricane related costs​.Conn's Inc - ‍provision for bad debts for Q3 of fiscal year 2018 is expected to be between $56.0 million and $61.0 million​.  Full Article

Conn's Inc Q2 earnings per share $0.14
Thursday, 7 Sep 2017 06:00am EDT 

Sept 7 (Reuters) - Conn's Inc :Conn's Inc reports second quarter fiscal year 2018 financial results.Q2 earnings per share $0.14.Q2 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S.Q2 adjusted non-GAAP earnings per share $0.26 excluding items.Qtrly ‍total net sales $286.4 million versus $332.0 million.Because of near-term uncertainty Harvey has created, Conn's will not provide specific financial guidance for Q3.Hurricane Harvey caused Conn's to close 23 stores​.Says in total, Conn's lost approximately 100 selling days as a result of storm.Company does not intend to open any additional stores in fiscal year 2018.Over near term, retail sales will be impacted by loss of selling days associated with store closures.Q2 revenue view $371.9 million -- Thomson Reuters I/B/E/S.Decrease in qtrly same store sales of 15.1 percent​.  Full Article

Conn's Inc closes 23 stores​ ‍as a result of Hurricane Harvey
Friday, 1 Sep 2017 10:15am EDT 

Sept 1 (Reuters) - Conn's Inc :As a result of Hurricane Harvey and unprecedented levels of rain and flooding, Conn's has closed 23 stores​.All but two stores are now open for business​.‍As a result of Hurricane Harvey closed distribution, service centers in Beaumont and Houston, as well as its Beaumont corporate office.The company also reopened its Beaumont corporate office, and distribution and service centers​.Conn's has currently lost approximately 100 store-days between August 25, 2017 and September 1, 2017.  Full Article