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Stock impact report

Conn’s, Inc. Reports Fourth Quarter and Full Year Fiscal Year 2024 Financial Results

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: GlobeNewswire
THE WOODLANDS, Texas, April 11, 2024 (GLOBE NEWSWIRE) -- Conn’s, Inc. (NASDAQ: CONN) (“Conn’s” or the “Company”), a specialty retailer of home goods, including furniture and mattresses, appliances, and consumer electronics, today announced its financial results for the quarter and year ended January 31, 2024.   “Since completing the transformative transaction with W.S. Badcock ("Badcock") in December 2023, we have focused on successfully integrating the two organizations, aligning around a common culture, and establishing a platform to drive significant revenue and cost synergies in the coming quarters.   As a result of our team’s efforts, we have removed approximately $50 million of combined expenses during the fourth quarter and we have identified over $50 million of additional cost synergies that we expect to realize over the next 18 months.   In addition, during this period we expect to drive over $50 million of revenue synergies as we transition Badcock’s credit program to Con Show less Read more
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