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Conn's CEO Cautions On Challenging Macro-Environment Throughout FY25; Stock Falls
Conn’s, Inc. (NASDAQ:CONN) shares are trading lower on Thursday.
The company reported fourth-quarter adjusted earnings per share of $(1.25) loss, narrower than the street view of $(1.57).
Total consolidated revenue increased 9.3% to $366.1 million due to an 8.6% increase in total net sales and a 10.7% increase in finance charges and other revenues. Revenues missed the analyst consensus of $422.403 million.
Retail revenues rose 9.6% year over year to $296.9 million for the three months ended January 31, 2024. Credit ...