Conn's Inc. (CONN), a specialty retailer, announced an improvement in fourth-quarter net income to $17.67 million, from $7.7 million a year before. On a per share basis, quarterly reported earnings stood at $0.50, significantly higher than last year's $0.24. On average, 8 analysts polled by Thomson Reuters expected the company to report profit per share of $0.56 for the quarter. Analysts' estimates typically exclude speical items.
Consolidated total revenues grew 10.4% year-over-year to $250.3 million, from $226.67 million, and same-store sales went up 7.0% year-on-year, on top of same store sales growth of 12.1% last year. Analysts expected revenue of $246.91 million for the quarter.
Looking ahead, the company said it has raised its earnings per share guidance for the fiscal year ending January 31, 2014, to $2.40 - $2.50 on an adjusted basis, with same stores sales likely to be up 3% - 8%. Eight analysts project annual earnings per share of $2.09. Previously, earnings per share of $2.05 - $2.15 was anticipated for the full fiscal year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.