Conn's tumbles after lower same store sales, earnings miss disappoint investors [Seeking Alpha]
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: Seeking Alpha
Seeking Alpha - Go to HomepageConn's tumbles after lower same store sales, earnings miss disappoint investorsAug 30, 2022 12:51 PM ETConn's, Inc ()By:Shweta AgarwalSA News EditorBrett_Hondow/iStock Editorial via Getty ImagesThe Texas-based speciality retailer reported revenue of $34663M (-171% Y/Y),missing consensus by $236MDecline in same store sales is blamed to tightening of underwriting standards by the company's lease-to-own partnersCredit segment revenue was $668M (-64% Y/Y)Provision for bad debts increased to $268M for the quarter compared to $101M for the three months ended July 31, 2021"Challenging macroeconomic conditions continued to pressure consumer spending during our second quarter, which disproportionately affected year-over-year sales to our financial access customer segment and sales of our discretionary product categories," commented CEO Chandra HoltHowever, the company saw an uptick in digital sales as eCommerce revenue rose 115% to a second quarter record of $193M
Show less
Read more
Impact Snapshot
Event Time:
CONN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CONN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CONN alerts
High impacting Conn's, Inc. news events
Weekly update
A roundup of the hottest topics
CONN
News
- Conn's, Inc. (NASDAQ:CONN) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Kibo Announces Kibo Connect, its North America-based Client SummitPR Web
- Conn's, Inc. (NASDAQ: CONN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Conn's rallies on CEO's upbeat outlook [Seeking Alpha]Seeking Alpha
- Conn's, Inc. Reports Fourth Quarter and Full Year Fiscal Year 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
CONN
Earnings
- 4/11/24 - Beat
CONN
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/23/24 - Form 4
- CONN's page on the SEC website