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Conn's 4Q Profit More than Doubles
April 4,
2013 by in UnCategorized
By Aggregated Content in Financial Reports on April 5, 2013
from http://www.wane.com/dpp/before_you_buy/wall_street/Conns-4thquarter-profit-more-than-doubles_64252203
Conn's fiscal fourth-quarter net income more than doubled, buoyed by strong sales of mattresses and furniture and increased revenue in the credit division.
The retailer, which also sells consumer electronics and other items, raised its fiscal 2014 earnings forecast on Wednesday.
Its shares rose more than 7 percent in morning trading Wednesday after briefly touching a seven-year high.
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