$Conn's (CONN.US)$ NEWS Conn’s, Inc. Reports Fourth Quarter ...
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Conn’s, Inc. Reports Fourth Quarter and Full Year Fiscal Year 2024 Financial Results
Conn’s, Inc. announced its financial results for the quarter and year ended January 31, 2024, following the transformative transaction with W.S. Badcock. The company reported total consolidated revenue increase of 9.3% in the fourth quarter, driven by cost synergies and revenue growth strategies. Despite a decline in total consolidated revenue for fiscal year 2024, Conn’s expects year-over-year improvements in retail sales and profitability throughout fiscal year 2025. The company highlighted key business highlights, including the completion of the transaction with Badcock, efforts to drive efficiencies, and enhancements to the balance sheet.
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