Conn's 1Q Revenue Up on Higher Prices

May 7, 2012  by in UnCategorized   

By Aggregated Content in Furniture Retailing on May 8, 2012 from http://finance.yahoo.com/news/conns-1q-revenue-higher-prices-140700419.html

Conn's Inc. said Tuesday that its first-quarter revenue climbed 6 percent as sales of home appliances,furniture, mattresses and home office products rose. But the performance fell short of Wall Street's expectations and its stock declined in early trading.

The Beaumont, Texas, company's stores sell home appliances, furniture, mattresses and other goods. Its results were helped by higher average selling prices and a broader selection of furniture and mattresses.

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