Conn's (CONN) Misses Q4 EPS by 17c
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Conn's, Inc. Reports Fourth Quarter and Full Year Fiscal 2016 Financial Results
March 29, 2016 8:05 AM EDTTHE WOODLANDS, Texas--(BUSINESS WIRE)-- 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 announced its financial results for the fourth quarter and full year ended January 31, 2016.
Financial Results
Fourth quarter fiscal 2016 significant items included (on a year-over-year basis unless noted):
Consolidated revenues increased 7.0% to $456.8 million due to an increase in retail revenue from the growth in our store fleet, partially offset by a decrease... MoreConn's Completes Board of Directors Succession Plan
March 29, 2016 8:00 AM EDTTHE WOODLANDS, Texas--(BUSINESS WIRE)-- Conn's, Inc. (NASDAQ: CONN), today announced that Norman Miller, the Company's President and Chief Executive Officer, has been named to succeed Theodore M. Wright as Chairman of the Board, effective as of the conclusion of Mr. Wright's current term ending in May 2016.
The appointment of Mr. Miller as Chairman culminates the well-executed succession process that began in September 2015 with the appointment of Mr. Miller as the Company's new President and Chief Executive Officer, and the transition of Mr. Wright to Executive Chairman. On February 1, 2016, Mr. Wright transitioned from... More
