Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Conn's Reports Record Year
May 8, 2006
 Printable format
 Email this Article
 Search

Conn's, Inc. (Beaumont, Texas, U.S.) reported record earnings for the fourth quarter and year ended Jan. 31, 2006. The company is a specialty Southwestern U.S. retailer of home appliances, consumer electronics, computers, and lawn and garden products.

Net income available for common stockholders for the fourth quarter increased 39.8 percent to U.S. $12.9 million compared to $9.2 million for the fourth quarter of last year. Diluted earnings per share available for common stockholders were $0.53 compared with $0.39 for the fourth quarter of last year. Total revenues for the quarter ended Jan. 31, 2006 increased 27.0 percent to $206.6 million compared with $162.7 million for the quarter ended January 31, 2005.

Total revenues for the year ended Jan. 31, 2006 increased 23.9 percent to $702.4 million compared with $567.1 million for the year ended Jan. 31, 2005. Same store sales increased 16.9 percent for the year ended January 31, 2006. Net income available for common stockholders for the year ended Jan. 31, 2006 increased 36.7 percent to $41.2 million compared to $30.1 million for the year ended Jan. 31, 2005. Diluted earnings per share available for the common stockholder increased 33.9 percent to $1.70 for the year ended Jan. 31, 2006 from $1.27 in the prior year.

During the year, Conn's added six stores to bring the store count to 56. By the end of January 2007, it expects to operate approximately 62 to 64 stores.

Back to Daily News

 

Daily News

...........................................................

Dec 22, 2014: Whirlpool headquarters improvements start a new phase

Dec 22, 2014: DOE's Building Technologies Office releases Roadmap for Emerging HVAC Technologies

Dec 22, 2014: Variable-speed circulation pump enables new Miele lab washers

Dec 22, 2014: The latest retail data breach: Staples

Dec 22, 2014: Consumer Spending Index is at its highest point of the year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows