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Conns Inc - CONN STOCK NEWS

Welcome to our dedicated news page for Conns (Ticker: CONN), a resource for investors and traders seeking the latest updates and insights on Conns.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Conns's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Conns's position in the market.

News
Conn’s, Inc. Reports Fourth Quarter and Full Year Fiscal Year 2024 Financial Results
Rhea-AI Summary
Conn’s, Inc. announced its financial results for the quarter and year ended January 31, 2024, following the transformative transaction with W.S. Badcock. The company reported total consolidated revenue increase of 9.3% in the fourth quarter, driven by cost synergies and revenue growth strategies. Despite a decline in total consolidated revenue for fiscal year 2024, Conn’s expects year-over-year improvements in retail sales and profitability throughout fiscal year 2025. The company highlighted key business highlights, including the completion of the transaction with Badcock, efforts to drive efficiencies, and enhancements to the balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
26.33%
Tags
earnings
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News
Conn's, Inc. Schedules Conference Call to Discuss Fourth Quarter Fiscal Year 2024 Results
Rhea-AI Summary
Conn's, Inc. (NASDAQ: CONN) to host conference call to discuss fourth quarter and full fiscal year 2024 financial results on April 11, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.56%
Tags
earnings
-
News
Conn’s, Inc. Reports Third Quarter Fiscal Year 2024 Financial Results
Rhea-AI Summary
Conn’s, Inc. (NASDAQ: CONN) announced its financial results for the quarter ended October 31, 2023. The company experienced strong year-over-year growth in credit applications and eCommerce sales. However, total consolidated revenue declined 12.8% to $280.1 million, with a net loss of $2.11 per diluted share. The transaction with W.S. Badcock LLC creates a leading home goods retailer with approximately $1.85 billion in retail sales.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
33.68%
Tags
earnings
News
Conn’s, Inc. Announces Transformative Transaction with W.S. Badcock LLC
Rhea-AI Summary
Conn’s, Inc. (NASDAQ: CONN) has acquired W.S. Badcock LLC, creating one of the largest home goods retailers with 550+ stores across 15 states and approximately $1.85 billion in revenue. The transaction strengthens Conn’s financial profile, providing over $50 million of expected cost synergies and enhancing the balance sheet by bringing approximately $125 million of incremental liquidity. The company also names Norman L. Miller as President and CEO of the combined company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
33.68%
Tags
none
-
News
CONN'S LEANS INTO THE 'F' WORD WITH NEW 'FINANCE IS NOT A BAD WORD' MARKETING CAMPAIGN
Rhea-AI Summary
Conn's HomePlus, a specialty retailer of home goods, is launching a new marketing campaign called Finance Is Not a Bad Word. The campaign aims to destigmatize financing and offers customers options to pay over time for competitively priced products. Conn's seeks to engage and empower customers while emphasizing core brand principles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
none
-
News
Conn’s, Inc. Reports Second Quarter Fiscal Year 2024 Financial Results
Rhea-AI Summary
Conn’s, Inc. announces Q2 2023 financial results with improving sales trends and record eCommerce revenue. Retail gross margin grew 230 basis points. Credit applications increased by 30.6%. Net loss of $1.39 per diluted share. Closed $50 million Delayed Draw Term Loan and $273.7 million asset-backed security transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.73%
Tags
earnings
News
Conn's, Inc. Schedules Conference Call to Discuss Second Quarter Fiscal Year 2024 Results
Rhea-AI Summary
Conn's, Inc. to host conference call on August 30, 2023, to discuss Q2 fiscal year 2024 financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
earnings
-
News
Conn’s, Inc. Reports First Quarter Fiscal Year 2024 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
Tags
earnings
-
News
Conn's, Inc. Schedules Conference Call to Discuss First Quarter Fiscal Year 2024 Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.03%
Tags
earnings
News
Conn's HomePlus Grows Presence in Metro Atlanta
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
none
Stock CONN logo
Conns Inc

Nasdaq:CONN

CONN Rankings

#4344 Ranked by Market Cap
#4961 Ranked by Stock Gains
N/A Ranked by Dividends

CONN Stock Data

99.43M
14.64M
22.01%
45.71%
6.58%
Household Appliance Stores
Retail Trade
Link
US
The Woodlands

About CONN

conn’s is a 125-year old consumer goods retailer with over $1 billion in revenue and over 4,000 employees. the company, headquartered in the woodlands, tx, is publicly-traded (nasdaq:conn) and operates more than 95 retail locations in arizona, colorado, louisiana, mississippi, nevada, new mexico, north carolina, oklahoma, south carolina, tennessee, and texas. the company’s products and services offered through its retail sales outlets and distribution and service facilities include furniture and mattresses, home appliances, consumer electronics, home office equipment, repair service agreements, credit insurance, home delivery, product repair service and consumer credit to an under served segment of the population. though conn's has changed dramatically over the years, the customer continues to be the focus of attention and the reason for the company's continued success. the basic values and culture of the company continue to support its desire to make sure "the customer is number one