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Sergey Savastiouk's Avatar
published in Blogs
Mar 27, 2019
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Conn’s (CONN, $24.63) beats earnings, but misses revenue estimates

Conn’s outpaced  earnings estimates for its fiscal fourth quarter. The home goods retailer's revenue, however, failed to match up to expectations.

The company’s SEC filing revealed that it raked in quarterly adjusted earnings of 96 cents a share, which surpassed analysts’ estimates of 76 cents. But revenue of $433 million fell short of analysts' expectations of $438 million.

For its fiscal first quarter 2020, the company predicts that its same-store sales would decline in the range of -1% and -5%. It expects its retail gross margin to range between 39.5% and 40.0% of total net retail sales for the quarter.

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General Information

a company which offers durable consumer goods and services through retail stores and website

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Electronics Or Appliance Stores
Address
2445 Technology Forest Boulevard
Phone
+1 936 230-5899
Employees
3930
Web
https://www.conns.com
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