Bullishcharts
Long

COON'S posts great gains on better than expected earnings

NASDAQ:CONN   CONNS INC
WHY THE JUMP TODAY
Shares of Conn's (NASDAQ: CONN) rose on Tuesday after the retailer reported second-quarter results that beat expectations. Sales growth from furniture, mattresses, and appliances offset weakness elsewhere, driving total revenue higher. The stock was up about 15% at 10:45 a.m. EDT .
So what
Conn's reported second-quarter revenue of $401.1 million, up 4.3% year over year and nearly $3 million higher than the average analyst estimate. Retail sales rose 3.3% to $306.1 million, driven entirely by new stores. Same-store sales declined by 2.3%, with stores in areas hit by Hurricane Harvey in 2017 seeing a steeper 9.3% decline. The company believes rebuilding efforts in these markets during the second quarter of 2018 made for a difficult comparison this year.
Source Motley Fool
Daily Chart Analysis on NYSE & NASDAQ-listed Companies:

1) Sign Up for our Free Email Newsletter @ http://www.BullishCharts.com

2) Follow our Telegram Channel @ https://t.me/BullishCharts

3) Join our LIVE CHAT on Discord @ https://invite.gg/bullishcharts

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out