Conn's, Inc. Reports Earnings Results for the Fourth Quarter Ended January 31, 2024
April 11, 2024 at 06:00 am EDT
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Conn's, Inc. reported earnings results for the fourth quarter ended January 31, 2024. For the fourth quarter, the company reported sales was USD 293.69 million compared to USD 270.46 million a year ago. Revenue was USD 366.08 million compared to USD 334.88 million a year ago.
Net income was USD 43.3 million compared to net loss of USD 42.8 million a year ago. Basic earnings per share from continuing operations was USD 1.77 compared to basic loss per share from continuing operations of USD 1.79 a year ago. Diluted earnings per share from continuing operations was USD 1.75 compared to diluted loss per share from continuing operations of USD 1.79 a year ago.
Conn's, Inc. is a specialty retailer of home goods, including furniture and mattresses, appliances and consumer electronics. The Company offers branded durable consumer goods and related services in addition to proprietary credit solutions for its core credit-constrained consumers. The Company operates in two segments: retail and credit. The retail segment operates primarily through its stores and Website. The retail segment product offerings include furniture and mattresses, home appliances, consumer electronics and home office products from global brands across a wide range of price points. The credit segment offers financing solutions to a large, under-served population of credit-constrained consumers who typically have limited credit alternatives. Its appliances include refrigerators, washers and dryers, dishwashers, cooktops, ranges, wall ovens, microwaves, vacuum cleaners, range hoods, parts and accessories, and air conditioners.
CONN'S, INC. 
