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 2006 Appliance Sales Up 4%
Feb 6, 2007
 Printable format
 Email this Article
 Search

U.S. appliance and electronics retailer Conn's, Inc. (Beaumont, Texas, U.S.) said net sales for the quarter ended Jan. 31, 2007, were U.S. $189.6 million, an increase of $4.7 million, or 2.5 percent, as compared with the quarter ended Jan. 31, 2006, which, as previously disclosed, was positively impacted by hurricanes Katrina and Rita. Net sales for the year ended Jan. 31, 2007 increased $56.6 million, or 9.1 percent, from $620.7 million for the year ended Jan. 31, 2006 to $677.3 million for the year ended Jan. 31, 2007.

Same store sales (sales recorded in stores operated for the entirety of both periods) decreased 2.0 percent for the quarter ended Jan. 31, 2007. As previously disclosed, same store sales for the quarter ended Jan. 31, 2006 of 22.6 percent were positively impacted 700 to 900 basis points by hurricanes Katrina and Rita. Same store sales were up 3.7 percent for the year ended Jan. 31, 2007.

The company's total net sales for the quarter benefited from the six stores added since last year. For the year ended Jan. 31, 2007, the company experienced approximately 4 percent and 15 percent increases in its core categories of major appliances and electronics, respectively. As a percentage of total product sales, appliances and electronics represent approximately 34 percent and 34 percent, respectively.

 

Back to Daily News

 

Daily News

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

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

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

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

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
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