Conn's Q4 Profit Declines - Quick Facts

(RTTNews) - Conn's, Inc. (CONN), a specialty retail of furniture, mattresses, home appliances, consumer electronics and provider of consumer credit, reported fourth-quarter net income of $15.5 million or $0.42 per share, compared to $27.7 million or $0.75 per share, a year ago.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.63 for the quarter. Analysts' estimates typically exclude special items.

Total revenues increased 18.2% to $426.75 million from $361.14 million in the comparable quarter last year, while six analysts expected revenue of $420.73 million for the quarter. Same store sales increased 1.3%.

For fiscal year 2016, the company expects same stores sales to range from flat to up low single digits.