Conns Inc

NASDAQ:CONN   3:59:57 PM EDT
7.71
-0.28 (-3.50%)
Other Pre-Announcement, Earnings Announcements

Conn’S Inc Reports Q2 Fiscal Year 2023 Financial Results

Published: 08/30/2022 10:12 GMT
Conns Inc (CONN) - Conn’s, Inc. Reports Second Quarter Fiscal Year 2023 Financial Results.
Conn's Inc Qtrly Same Store Sales Decreased 22.0%.
Conn's Inc Qtrly Net Earnings Were $0.09 per Diluted Share.
Conn's Inc Qtrly Total Consolidated Revenue Declined 17.1% to $346.6 Million.
Conn's Inc Qtrly Adjusted Earnings Were $0.04 per Diluted Share.
Conn's Inc - Conducting an Extensive Review and Prioritization of Its Cost Structure.
Conn's Inc - Expects Current Initiatives, With Prior Actions, to Generate Cost Savings of About $12.0 - $16.0 Million in Back Half of This Fiscal Year.
Conn's Inc - Delaying Or Eliminating Several Planned Capital Investments.
Conn's Inc - Expects to Reduce Investments in Capital Expenditures for Fiscal Year 2023 by About $20.0 Million Compared to Its Prior Expectation.
Revenue is expected to be $326.11 Million
Adjusted EPS is expected to be -$0.37

Next Quarter Revenue Guidance is expected to be $359.38 Million
Next Quarter EPS Guidance is expected to be -$0.22

More details on our Analysts Page.