Conn's (CONN) Tops Q3 EPS by 11c

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Conn's, Inc. Reports Third Quarter Fiscal 2017 Financial Results

December 6, 2016 6:00 AM EST

Recent Underwriting Refinements Benefiting Underlying Credit Performance;

Texas Direct Loan Program Implemented Ahead of Schedule;

Further Reduction to Cost of Funds through Successful ABS Transaction;

Retail Gross Margin Strengthened 40 Basis Points Sequentially to 37.5%

THE 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 third quarter ended October 31, 2016.

"Our credit operation is already benefiting... More