Daily News
From Home Furnishing Business
Conn’s Hires CFO, Reports June Sales Increase
July 10,
2015 by in Executive Changes, Industry 
Conn’s (NASDAQ: CONN), a retailer of furniture and mattresses, home appliances, consumer electronics and home office products, has hired Thomas R. Moran CFO, effective July 27.
Moran previously was executive vice president and CFO of West Marine, a boating supplies, gear and apparel retailer. He also served as CFO of the Wearguard-Crest division of ARAMARK Corp., its work apparel and uniform division.
Moran succeeds Mark Haley, interim CFO of Conn’s, who continues as vice president and chief accounting officer. Haley was appointed interim CFO in December 2014.
Conn’s also reported $102.6 million in total retail net sales for June, an 11.9 percent increase to the same prior year period.
“Same store sales for the month increased 1.1 percent against an increase of 11.2 percent in June last year,” said Theodore M. Wright, chairman and CEO. “Furniture and mattress and home appliance categories had strong performance with normal inventory levels during the month. Same store sales were impacted by our decision to exit video game products, digital cameras and certain tablets. Excluding the impact from these products, same store sales increased 5.1 percent.”