Conn's (CONN) Misses Q4 EPS Views
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Conn’s, Inc. Reports Fourth Quarter and Full Year Fiscal 2015 Financial Results
March 31, 2015 6:00 AM EDTTHE WOODLANDS, Texas--(BUSINESS WIRE)-- Conns, Inc. (NASDAQ: CONN), a specialty retailer of furniture and mattresses, home appliances, consumer electronics and home office products, and provider of consumer credit, today announced its financial results for the fourth quarter and full year ended January 31, 2015.
Financial Results
Fourth-quarter fiscal 2015 significant items included (on a year-over-year basis unless noted):
Consolidated revenues increased 18.2% to $426.7 million due to new store openings and an increase in same store sales of 1.3%; Retail gross margin decreased 110 basis points to 39.5%; Adjusted... More