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Furniture, Mattress Sales Drive Conn's Profits
September 4,
2012 by in UnCategorized
By Aggregated Content in Financial Reports on September 5, 2012
from http://www.reuters.com/article/2012/09/05/conns-results-idUSL4E8K53Z520120905?feedType=RSS&feedName=technologySector
Home appliances and electronics retailer Conn's Inc raised its full-year profit forecast for the third time this year and said it expects furniture and mattress sales to contribute more to its revenue going ahead.
Shares of the company, known for offering flexible credit options to its customers, rose as much as 13 percent to a five-year high on Wednesday.
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