Welcome to our dedicated page for Conn's news (Ticker: CONN), a resource for investors and traders seeking the latest updates and insights on Conn's stock.
Track the latest corporate developments and official announcements for Conn's Inc. (NASDAQ: CONN), the specialty retailer combining consumer goods sales with in-house financing solutions. This centralized hub provides investors and industry observers with verified updates spanning quarterly earnings, product category expansions, credit program enhancements, and strategic partnerships.
Access primary-source information including executive leadership statements, retail performance metrics, and service area developments across CONN's 12-state operational footprint. The curated news collection enables stakeholders to monitor both retail sector trends and consumer credit innovations within CONN's unique business model.
Key updates include appliance and electronics inventory changes, financial service offerings for credit-constrained customers, and regional market expansions. All content is sourced directly from company filings and authorized communications to ensure regulatory compliance and factual accuracy.
Bookmark this page for streamlined access to CONN's evolving market position in competitive retail and consumer finance sectors. Check regularly for official updates impacting investment research and industry analysis.
Conn's HomePlus (NASDAQ: CONN) partnered with the Houston Texans to donate $15,000 each to three families from the Boys and Girls Clubs of Greater Houston during a game on December 12, 2021. This marks a total of $1 million donated since 2017 through Conn's Cares, the company's charitable arm. The donations aim to provide essential furniture and appliances, contributing to the community's welfare. The partnership reflects Conn's commitment to giving back and highlights the positive impact of community involvement.
Conn's, Inc. (NASDAQ: CONN) reported strong financial results for the third quarter ending October 31, 2021. Same store sales surged by 20.6% year-over-year, while total retail sales increased 28.8% to $334.8 million. Net earnings rose 140% to $0.60 per diluted share, compared to $0.25 in the prior year. E-commerce sales skyrocketed by 294.8% to a record $19.2 million. The company opened two new stores, expanding its footprint to 157 stores across 15 states. Conn's maintained a strong liquidity position with $320.5 million in available borrowing capacity.
Conn's, Inc. (NASDAQ: CONN), a specialty retailer based in The Woodlands, Texas, has scheduled a conference call for December 7, 2021, at 10:00 A.M. CT to discuss its third quarter fiscal year 2022 financial results. A press release detailing the operating results will precede the call, released before the market opens on the same day. Conn's operates over 150 locations across 14 states, specializing in products such as furniture, home appliances, consumer electronics, and providing in-house credit options.
Conn’s, Inc. (NASDAQ: CONN) reported strong financial results for the quarter ending July 31, 2021, with net earnings of $1.22 per diluted share, up from $0.70 year-over-year. Total retail sales surged 24%, driven by a 16.4% increase in same-store sales, the highest growth in seven years. E-commerce sales skyrocketed 210.9%, reaching a record $17.3 million. The company reduced total debt by 41%, and the provision for bad debts decreased significantly. Conn’s raised its same-store sales growth outlook for FY 2022 to mid-teens. CEO Chandra Holt expressed optimism about the company’s future.
Conn's, Inc. (NASDAQ: CONN) announced a conference call on September 1, 2021, at 10:00 A.M. CT to discuss its second quarter fiscal year 2022 financial results. The call will follow a press release detailing operating results, which will be issued before the market opens that day. Conn's HomePlus operates over 150 retail locations across multiple states and offers a wide range of products, including furniture, home appliances, consumer electronics, and home office products, along with flexible in-house credit options.
Conn's has appointed Chandra Holt as the new Chief Executive Officer and President, effective August 9, 2021, as part of a multi-year succession plan. She succeeds Norm Miller, who will transition to Executive Chairman. Holt brings a wealth of experience from leading Walmart's U.S. eCommerce division and is expected to drive growth through innovative and customer-focused strategies. Under Miller's leadership, Conn's achieved significant financial improvements and built a strong credit platform. The company operates over 150 retail locations, offering a range of home products and flexible credit options.
Conn's HomePlus (NASDAQ: CONN) has donated nearly $21,000 in brand-name appliances to Ronald McDonald House Charities of Central Florida. The donation includes six washer and dryer pairs, three ovens, three dishwashers, and three microwaves to support families with children receiving treatment at a local pediatric hospital. Since 2017, Conn's Cares has contributed almost $886,000 to various charitable organizations. Chairman and CEO Norm Miller emphasized the importance of giving back to the community to help families feel at home during their difficult times.
Conn's, Inc. (NASDAQ: CONN) expands its footprint with a new showroom in Orange City, Florida, opening on June 25, 2021. This new location marks the ninth store in Florida and contributes to a total of 154 stores across 15 states. The store covers over 42,800 square feet, showcasing a wide range of home goods such as furniture and electronics. Conn's HomePlus aims to cater to various customer credit needs with flexible payment options, enhancing its service in the Orlando market.
Conn's, Inc. (NASDAQ: CONN) has opened its first showroom in Lakeland, Florida, expanding its presence in the state to eight locations. The new store, situated at 8401 FL-33 North, Suite 180, is set to open on June 18, 2021. This follows the establishment of a distribution center in Lakeland last year, contributing to the company's total of 153 stores across 15 states. The showroom spans 20,000 square feet and offers a variety of home goods, alongside flexible payment plans tailored to customers' needs.
