Conn's falls on lower revenue, same-store sales

Conn's

01/06/2022 16:18

** Retailer of home goods Conn's Inc  CONN.O  slid 2% to
$12.89
    ** Revenue fell 6.6% to $339.82 million in the first quarter
ended April; analysts expected $360.78 million 
    ** Same-store sales also fell 9.5% in the first quarter
    ** However, co posted adjusted profit of 25 cents a share
for the quarter, beating estimates of 17 cents, according to
data from Refinitiv 
    ** Including session moves, CONN fell 45% so far this year

 (Reporting by Mehnaz Yasmin in Bengaluru)
 ((Mehnaz.Yasmin@thomsonreuters.com))