Piper Jaffray Downgrades Conn's Inc. (CONN) to Neutral

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Go back to Piper Jaffray Downgrades Conn's Inc. (CONN) to Neutral

Conn's (CONN) Appoints New CFO; Other Executive Changes Made

June 2, 2016 6:03 AM EDT

Conn's, Inc. (Nasdaq: CONN) announced the appointments of three new executives across the Company's financial, legal and credit areas.

Experienced financial executive Lee Wright to join as new CFO

The Company also announced the following appointments:

Mark Prior as General Counsel and Corporate Secretary;John Davis as Chief Credit Officer; andMichael Poppe promoted to President and Chief Operating Officer of Credit and Collections.

Lee Wright, formerly Chief Executive Officer for... More

Conn's (CONN) Misses Q1 EPS Views; Comps Fell 1.3%

June 2, 2016 6:02 AM EDT

Conn's (NASDAQ: CONN) reported Q1 EPS of ($0.31), $0.37 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $319.04 million versus the consensus estimate of $393.16 million.

Comps for the quarter decreased 1.3%.

Outlook and Guidance

The following are the Company's... More