CONN Stock Recent News

Home goods and furniture retailer Conn's Inc. intends to shutter dozens of its HomePlus locations after filing for Chapter 11 bankruptcy protection in a Texas court.

Conn's (NASDAQ: CONN ) stock is falling on Wednesday following reports that the furniture retailer is planning to close down some of its stores. According to these reports, Conn's is considering shuttering up to 100 of its locations around the U.S. That's worth noting as the furniture company only operates 170 stores across 15 states.

THE WOODLANDS, Texas, June 26, 2024 (GLOBE NEWSWIRE) -- Conn's, Inc. (NASDAQ: CONN) (“Conn's” or the “Company”), a specialty retailer of home goods, including furniture and mattresses, appliances, and consumer electronics, today announced that on June 20, 2024, it received a delinquency notification letter (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule") because of the Company's delay in filing its Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2024 (the “Form 10-Q”) by the applicable due date required by the U.S. Securities and Exchange Commission (the "SEC"). The Notice has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Global Select Market.

Conn's (CONN) came out with a quarterly loss of $1.25 per share versus the Zacks Consensus Estimate of a loss of $1.57. This compares to loss of $1.53 per share a year ago.

THE WOODLANDS, Texas, March 26, 2024 (GLOBE NEWSWIRE) --  Conn's, Inc. (NASDAQ: CONN), a specialty retailer of home goods, including furniture and mattresses, appliances and consumer electronics, today announced it will host a conference call on April 11, 2024, to discuss its fourth quarter and full fiscal year 2024 financial results. The conference call will begin at 10:00 A.M. CT (11:00 A.M. ET). A press release regarding the operating results will be released the same day before the market opens.

Beyond Inc. on Tuesday named the former chief executive of HomePlus to lead its Bed, Bath & Beyond business, while promoting an executive to lead its Overstock unit.

Here is how Conn's (CONN) and Dick's Sporting Goods (DKS) have performed compared to their sector so far this year.

Conn's (CONN) came out with a quarterly loss of $2.03 per share versus the Zacks Consensus Estimate of a loss of $1.48. This compares to loss of $0.78 per share a year ago.

Conn's, Inc. (NASDAQ:CONN ) Q2 2024 Earnings Conference Call August 30, 2023 11:00 AM ET Company Participants Norm Miller - Interim CEO George Bchara - CFO Conference Call Participants Brian Nagel - Oppenheimer Kyle Joseph - Jefferies Operator Good morning, and thank you for holding. Welcome to the Conn's, Inc. conference call to discuss earnings for the fiscal quarter ended July 31, 2023.

Conn's (CONN) came out with a quarterly loss of $1.39 per share versus the Zacks Consensus Estimate of a loss of $1.48. This compares to earnings of $0.04 per share a year ago.