Conn's

Conn's, Inc. is a holding company, which engages in the retail and provision of consumer goods and related services. The firm also offers proprietary credit solutions for its core credit-constrained consumers through retail stores and its website. It operates through the Retail and Credit segments. The Retail segment sells home appliances to the retail market, and owns and operates retail stores that offer furniture, home appliances, consumer electronics, and home office accessories. The Credit segment provides in-house consumer credit programs that offer standardized credit decisions, including down payment, limit amounts, and credit terms. The company was founded by Edward Eastham in 1890 and is headquartered in The Woodlands, TX.

Earnings data Q2 2021

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Earnings data Q3 2025

CONN faces Q1 revenue decline but sees growth in e-commerce and financing

CONN's Q1 2023 performance reflects the impact of a challenging macroeconomic environment, leading to declines in total revenues and net losses. However, the company has shown strengths in e-commerce sales, in-house financing, and lease-to-own segments. Challenges with the Belk test and operating losses present areas for improvement, while opportunities lie in optimizing store revenue and cost structures.

CONN reports mixed Q2 performance, optimistic about future growth

CONN's Q2 2023 earnings call reflects a mixed performance, with declines in total revenues, net income, and retail segment operating income. However, strategic initiatives targeting credit-constrained customers and retail performance have shown positive results, and the company is optimistic about future growth opportunities. Challenges include declining same-store sales and an increase in net debt.

Conn's reports challenging Q3, but transformative transaction presents opportunities

Conn's reported a challenging third quarter, but the transformative transaction with Badcock Home Furniture presents opportunities for accelerated sales growth and cost savings. The combination is projected to strengthen Conn's financial position and expand its e-commerce capabilities, despite the current financial challenges.

Conn's reports Q4 revenue decline, focuses on core consumers

Conn's Q4 2023 showed revenue declines and net losses, with challenges in retail and credit segments. However, the company is focusing on core consumers, launching in-house LTO products, and expanding eCommerce sales.
Anticipates sequential retail sales improvement, increased eCommerce revenue, and operational efficiencies. Faces challenges from initial LTO program costs, rising expenses, and credit segment losses.
Opportunities lie in doubling in-house LTO sales, eCommerce growth, and innovative credit decisions. Plans for store and distribution center openings to drive retail sales. Maintains a strong cash position with no immediate debt concerns.

Conn's Q1 2024: Focus on Core Customers and E-commerce Growth

Conn's Q1 2024 showed a focus on serving credit-constrained customers, expanding e-commerce, and launching new offerings. Despite revenue decline and losses, the company aims for retail sales improvements, stabilized margins, and increased SG&A expenses for the year.

Conn's reports Q2 revenue decline but sees growth in e-commerce

Conn's Q2 2024 showed mixed results with revenue decline but improvements in certain segments.
Strategic focus on e-commerce, in-house credit, and new store openings are key growth drivers.
Challenges include declining revenues, net loss, and debt increase, requiring careful financial management.
Opportunities lie in e-commerce expansion, in-house offerings, store expansion, and Improvement Financial's growth targets.

Conn's merges with Badcock to drive growth and stability

Conn's Q3 2024 earnings call highlighted the transformative merger with Badcock, aiming to drive sales growth and enhance financial stability. Despite current challenges in revenue and segment losses, the company is focused on long-term success through increased sales, improved margins, and cost reductions.

Conn's reports Q4 revenue growth, focuses on Badcock integration

Conn's Q4 performance showed revenue growth but challenges in same-store sales and segment losses. Integration with Badcock and strategic priorities aim to drive synergies and profitability. Achieving EBITDA targets and seizing integration opportunities are key focus areas for future growth.

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Conn's, Inc. is a holding company, which engages in the retail and provision of home goods and related services. Its products include furniture, appliances, and consumer electronics. It operates through the Retail and Credit segments. The Retail segment sells home appliances to the retail market, and owns and operates retail stores that offer furniture, home appliances, consumer electronics, and home office accessories. The Credit segment provides in-house consumer credit programs that offer standardized credit decisions, including down payment, limit amounts, and credit terms. The company was founded by Edward Eastham in 1890 and is headquartered in The Woodlands, TX.

NEW YORK, June 4, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Conn's, Inc. (NASDAQ: CONN) between September 3, 2019 and December 9, 2019, inclusive (the "Class Period") of the important July 14, 2020 lead plaintiff...

ROSEN, A LONGSTANDING AND TRUSTED FIRM, Reminds Conn's, Inc. Investors of Important July 14 Deadline in Securities Class Action - CONN

NEW YORK, May 27, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Conn's, Inc. (NASDAQ: CONN) between September 3, 2019 and December 9, 2019, inclusive (the "Class Period")....

CONN NOTICE: ROSEN, A TRUSTED AND RANKED LAW FIRM, Encourages Conn's, Inc. Investors to Contact Firm Before Deadline in Class Action Seeking Recovery of Investor Losses; Encourages Investors with Losses in Excess of $100K to Contact the Firm  - CONN

NEW YORK, May 22, 2020 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Conn's Inc. ("Conn's" or the "Company") (NASDAQ: CONN) that purchased Conn's securities between September 3, 2019 and December 9, 2019, inclusive (the...

Investor Alert: Kaplan Fox Investigates Conn's For Potential Securities Fraud

Conn's (CONN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Conn's (CONN) Q1 Earnings Expected to Decline

NEW YORK, May 21, 2020 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Conn's, Inc. ("Conn's" or the "Company") (NASDAQ: CONN) and certain of its officers, on behalf of shareholders who...

CONN SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Conn's, Inc. Investors of Class Action and Encourages Investors to Contact the Firm

NEW YORK, May 19, 2020 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Conn's, Inc. ("Conn's" or the "Company") (NASDAQ:CONN) of the July 14, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has...

CONN'S DEADLINE  ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Conn's, Inc. To Contact The Firm

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Sequential Brands Group's (SQBG) CEO David Conn on Q1 2020 Results - Earnings Call Transcript

Conn's, Inc. (CONN) CEO Norm Miller on Q4 2020 Results - Earnings Call Transcript

Conn's (CONN) delivered earnings and revenue surprises of -42.86% and 0.09%, respectively, for the quarter ended January 2020. Do the numbers hold clues to what lies ahead for the stock?

Conn's (CONN) Lags Q4 Earnings Estimates

THE WOODLANDS, Texas, March  20, 2020  (GLOBE NEWSWIRE) -- Conn’s, Inc. (NASDAQ: CONN) (“Conn’s” or the “Company”), a specialty retailer of furniture and mattresses, home appliances, consumer electronics and home office products, and provider of consumer credit, today announced that on March 18, 2020, the Company borrowed an additional $275 million under its $650 million Revolving Credit Facility, maturing in May of 2022.  The proceeds from the incremental Revolving Credit Facility borrowings are currently being held on the Company’s balance sheet.  Inclusive of this borrowing, Conn’s has over $280 million in cash on its balance sheet at this time.  Conn’s now has an immediately available borrowing capacity of approximately $123 million under its Revolving Credit Facility.  The increased borrowings are a precautionary measure to increase Conn’s cash position and preserve financial flexibility in light of the current uncertainty resulting from the COVID-19 outbreak. 

Conn’s, Inc. Provides Update on Liquidity

Earnings Preview: Conn's (CONN) Q4 Earnings Expected to Decline

Conn's (CONN) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.

What Makes Conn's (CONN) a Strong Sell?

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Conn's, Inc. (CONN) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

Moving Average Crossover Alert: Conn's

Conn's, Inc. (CONN) CEO Norm Miller on Q3 2020 Results - Earnings Call Transcript

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KeyBanc downgraded the stock of furniture retailer Conn's Inc. CONN, -32.59% to sector weight from overweight on Tuesday, after a mixed third-quarter that included a better performance from its credit portfolio and lower-than-expected sales of consumer electronics.

Conn's shares slide 32% as KeyBanc downgrades following mixed quarter

Conn's recorded a significant same-store sales decline during the third quarter, and the near term will likely remain challenging.

Conn's Shares Plunge 30% After Mixed Q3 Results

Conn's (NASDAQ: CONN) shares are trading lower on Tuesday after the company reported worse-than-expected third-quarter sales results.

Conn's Plummets On Q3 Sales Miss

Conn’s Inc. (NASDAQ: CONN) is yet another firm getting shipped off to the island of misfit retailers after posting its most recent financial results before the opening bell on Tuesday.

Are Conn’s Earnings Another Nail in the Retail Coffin?

Conn's (CONN) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

Conn's (CONN) Looks Good: Stock Adds 5.6% in Session

Following its 9% stock price decline in the last year, Conn’s Inc (NASDAQ:CONN) could offer turnaround potential.

Why Conn’s Could Recover After Its Stock Price Slump

THE WOODLANDS, Texas, Sept.  23, 2019  (GLOBE NEWSWIRE) -- Conn's, Inc. (NASDAQ: CONN), a specialty retailer of furniture and mattresses, home appliances, consumer electronics and home office products, and provider of consumer credit, today reported on the status of the Company after Tropical Storm Imelda made landfall on September 17, 2019. 

Conn's, Inc. Reports Status of Business after Tropical Storm Imelda

Conn's Inc (NASDAQ: CONN) reported its second-quarter earnings ahead of expectations.

Conn's Prospects Are Bright, Boosted By Younger Stores, KeyBanc Says

Cost control and lower debt balances also helped enrich the retailer's bottom line.

News for Conn's Stock (CONN)