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Conn’s (CONN) Q3 Comps Rose 12.6%, Prelim. Sales Light

November 8, 2012 7:54 AM EST
Conn’s, Inc. (NASDAQ: CONN) announced its net sales for the three months ended October 31, 2012.

Net sales for the three months ended October 31, 2012, were $167.3 million, an increase of $12.4 million, or 8.0%, over the prior-year period. Net sales include total product sales, repair service agreement commissions and service revenues. Same store sales (sales recorded in stores operated for the entirety of both periods) for the quarter ended October 31, 2012 grew 12.6% over the prior period, on top of same store growth of 18.9% a year ago. The Company had 65 and 70 stores open at October 31, 2012 and 2011, respectively.

The Street was looking for sales of $193.30 million.


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