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Conn's Inc (CONN.OQ)

CONN.OQ on NASDAQ Stock Exchange Global Select Market

31.56USD
18 Oct 2018
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$-0.49 (-1.53%)
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Latest Key Developments (Source: Significant Developments)

Conn's Inc Says Entered Into Standstill Agreement With Anchorage Capital Group - SEC Filing
Thursday, 7 Jun 2018 

June 7 (Reuters) - Conn's Inc ::CONN'S INC - ON JUNE 7, ENTERED INTO STANDSTILL AGREEMENT WITH ANCHORAGE CAPITAL GROUP - SEC FILING.CONN'S - AGREED TO WAIVE APPLICABILITY OF SECTION 203 OF DELAWARE GENERAL CORPORATION LAW TO ANCHORAGE GROUP, SUBJECT TO CERTAIN OWNERSHIP LIMITATIONS.CONN'S - ANCHORAGE AGREED TO CERTAIN STANDSTILL RESTRICTIONS UNTIL EARLIER OF TERMINATION OF AGREEMENT OR SEPT 30, 2019, INCLUDING RESTRICTIONS.CONN'S - IN ORDER FOR WAIVER UNDER SECTION 203 TO BECOME EFFECTIVE, ANCHORAGE GROUP MUST OWN AT LEAST 15% OF CO'S OUTSTANDING SHARES BY SEPT 30, 2019.  Full Article

Conn's Reports Q3 Earnings Per Share $0.05
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Conn's Inc ::CONN'S, INC. REPORTS THIRD QUARTER FISCAL YEAR 2018 FINANCIAL RESULTS.Q3 EARNINGS PER SHARE $0.05.Q3 EARNINGS PER SHARE VIEW $0.04 -- THOMSON REUTERS I/B/E/S.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.18 EXCLUDING ITEMS.SEES ‍CHANGE IN SAME STORE SALES DOWN MID SINGLE DIGITS FOR Q4 OF FISCAL YEAR 2018​.SEES ‍Q4 PROVISION FOR BAD DEBTS BETWEEN $55.0 MILLION AND $59.5 MILLION​.- FOR Q4 OF FISCAL 2018, SEES RETAIL GROSS MARGIN BETWEEN 39.0% AND 39.5% OF TOTAL RETAIL NET SALES.SEES ‍Q4 FINANCE CHARGES AND OTHER REVENUES BETWEEN $86.0 MILLION AND $90.0 MILLION​.- QTRLY TOTAL REVENUE $373.2 MILLION VERSUS $376.8 MILLION.  Full Article

Conn's Inc provides business update post Hurricane Harvey and third quarter guidance
Monday, 23 Oct 2017 

Oct 24 (Reuters) - Conn's Inc :Conn's Inc provides business update post Hurricane Harvey and third quarter guidance.Conn's Inc - ‍same store sales during Aug, Sept affected by approximately 100 lost selling days and reduced traffic associated with Hurricane Harvey​.Conn's Inc - ‍finance charges and other revenues for Q3 of fiscal year 2018 are expected to be between $80 million and $83 million​.Conn's Inc - ‍company expects same store sales for Q3 of fiscal year 2018 to be down 5.0 pct to 9.0 pct​.Conn's Inc - ‍for Q3 of fiscal year 2018 company anticipates retail gross margin to be between 39.0 pct and 39.5 pct​.Conn's Inc - ‍SG&A expenses for Q3 of fiscal year 2018 will include approximately $1.5 million of one-time hurricane related costs​.Conn's Inc - ‍provision for bad debts for Q3 of fiscal year 2018 is expected to be between $56.0 million and $61.0 million​.  Full Article

BRIEF-Conn's Says CEO Norman Miller's 2018 Total Compensation Was $10.3 Mln Which Includes Stock Awards Of $7.6 Mln

* CONN'S INC SAYS CEO NORMAN L. MILLER'S 2018 TOTAL COMPENSATION WAS $10.3 MILLION WHICH INCLUDES STOCK AWARDS OF $7.6 MILLION – SEC FILING Source text: (https://bit.ly/2HNnB2q) Further company coverage: (Reuters.Briefs@thomsonreuters.com)