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Stock impact report

BRIEF-Conn's Inc provides business update post Hurricane Harvey and third quarter guidance [Reuters]

Conn's, Inc. (CONN) 
Last conn's, inc. earnings: 4/14 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.conns.com
Company Research Source: Reuters
BRIEF-Conn's Inc provides business update post Hurricane Harvey and third quarter guidance | Reuters Reuters Staff 1 Min Read Oct 24 (Reuters) - Conn’s Inc * Conn’s Inc provides business update post Hurricane Harvey and third quarter guidance * Conn’s Inc - ?same store sales during Aug, Sept affected by approximately 100 lost selling days and reduced traffic associated with Hurricane Harvey * Conn’s Inc - ?finance charges and other revenues for Q3 of fiscal year 2018 are expected to be between $80 million and $83 million * Conn’s Inc - ?company expects same store sales for Q3 of fiscal year 2018 to be down 5.0 pct to 9.0 pct * Conn’s Inc - ?for Q3 of fiscal year 2018 company anticipates retail gross margin to be between 39.0 pct and 39.5 pct * Conn’s Inc - ?SG&A expenses for Q3 of fiscal year 2018 will include approximately $1.5 million of one-time hurricane related costs * Conn’s Inc - ?provision for bad debts for Q3 of fiscal year 2018 is expected to be between $56.0 million and $61 Show less Read more
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