OverviewSuggest Edit

Conn’s is a consumer goods retailer. The Company operates more than 100 retail locations in Arizona, Colorado, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. Products and services offered through the Company's retail sales outlets and distribution and service facilities include furniture and mattresses, home appliances, consumer electronics, home office equipment, repair service agreements, credit insurance, home delivery, product repair service and consumer credit to an under served segment of the population. 
TypePublic
Founded1890
HQThe Woodlands, US
Websiteconns.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Feb 2019)4,000
Job Openings687
Revenue (FY, 2018)$1.5 B(-5%)
Share Price (Mar 2019)$22.9 (-1%)

Key People/Management at Conn's

Norm Miller

Norm Miller

President, Chief Executive Officer and Chairman
Lee A. Wright

Lee A. Wright

Executive Vice President and Chief Financial Officer
George L. Bchara

George L. Bchara

Vice President and Chief Accounting Officer
Coleman R. Gaines

Coleman R. Gaines

President and Chief Operating Officer & Retail
Todd Renaud

Todd Renaud

Vice President and Chief Information Officer
Mark A. Prior

Mark A. Prior

Vice President, General Counsel and Corporate Secretary
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Conn's Office Locations

Conn's has an office in The Woodlands
The Woodlands, US (HQ)
4055 Technology Forest Blvd #210
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Conn's Financials and Metrics

Conn's Revenue

Conn's's revenue was reported to be $1.52 b in FY, 2018
USD

Revenue (Q3, 2019)

373.8m

Gross profit (Q3, 2019)

206.9m

Gross profit margin (Q3, 2019), %

55.4%

Net income (Q3, 2019)

14.6m

EBIT (Q3, 2019)

35.5m

Market capitalization (15-Mar-2019)

727.8m

Closing stock price (15-Mar-2019)

22.9

Cash (31-Oct-2018)

3.5m

EV

1.6b
Conn's's current market capitalization is $727.8 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.2b1.5b1.6b1.6b1.5b

Revenue growth, %

24%9%(1%)

Cost of goods sold

833.1m823.1m720.3m

Gross profit

780.1m773.8m795.7m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

310.9m335.4m353.0m370.1m365.1m396.1m395.2m389.1m398.2m376.8m355.8m366.6m373.2m358.4m384.6m373.8m

Cost of goods sold

175.6m166.6m173.6m166.9m

Gross profit

197.6m191.8m211.0m206.9m

Gross profit Margin, %

53%54%55%55%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

5.7m12.2m12.3m23.6m9.3m

Accounts Receivable

Inventories

120.5m159.1m202.0m164.9m211.9m

Current Assets

735.6m925.7m1.2b1.1b1.1b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

93.4m58.5m30.9m(25.6m)6.5m

Depreciation and Amortization

16.8m21.6m22.7m28.8m30.8m

Inventories

(46.8m)(39.0m)(42.9m)37.1m(47.0m)

Accounts Payable

13.3m(3.4m)4.1m18.4m(31.2m)
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

65.7m28.5m46.1m43.1m15.7m32.2m29.8m(9.7m)(21.7m)(25.5m)(2.6m)1.7m3.3m12.7m29.7m44.4m

Depreciation and Amortization

12.2m5.0m10.7m15.6m16.4m23.1m7.7m15.4m23.3m

Inventories

58.0m17.3m(17.1m)(48.1m)29.7m(14.5m)(79.1m)20.4m10.3m(2.6m)(6.1m)(31.9m)(70.6m)21.6m16.2m(15.3m)

Accounts Payable

36.8m35.2m13.1m9.2m7.5m23.7m58.8m8.7m28.8m32.3m3.4m(3.1m)8.2m11.1m11.1m35.4m
USDY, 2018

EV/EBIT

46.4 x

EV/CFO

9 x

Financial Leverage

3.1 x
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Conn's Operating Metrics

Conn's's Stores was reported to be 116 in Jun, 2017.
FY, 2015FY, 2016FY, 2017Jun, 2017

Products

2.90 k3 k2.90 k

Stores

90 103 113 116
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Conn's Revenue Breakdown

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Conn's revenue breakdown by business segment: 100.0% from Retail

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Conn's Online and Social Media Presence

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Conn's News and Updates

Conn's HomePlus Enters Montgomery Market

HOUSTON, Feb. 27, 2019 /PRNewswire/ -- Conn's, Inc. (NASDAQ: CONN), the Houston-based specialty retailer of furniture, mattresses, home appliances, and consumer electronics, announces expansion into the Montgomery market, opening a Conn's HomePlus™ store in the Promenade shopping center,...

Conn's HomePlus enters New Orleans with three new stores in 2019

HOUSTON, Feb. 15, 2019 /PRNewswire/ -- Conn's, Inc. (NASDAQ: CONN), the Houston-based specialty retailer of furniture, mattresses, home appliances and consumer electronics, announces expansion into the New Orleans market, opening three new Conn's HomePlus™ stores this year. Beginning with ...

Caesars Entertainment Set to Join S&P MidCap 400; Conn's and Dril-Quip to Join S&P SmallCap 600; "New" Fox Continues in S&P 500

NEW YORK, Jan. 29, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Monday, February 4: Caesars Entertainment Corp. (NASD: CZR) will replace Dril-Quip Inc. (NYSE: DRQ) in the S&…

Conn's HomePlus Helps Three Families Still Recovering from Hurricane Harvey with $18,000 in Home Furnishings and Appliances

THE WOODLANDS, Texas, Oct. 19, 2018 /PRNewswire/ -- A year after the devastating effects of hurricane Harvey, some Houston families are still working towards recovery. Houston-based specialty retailer Conn Appliances, Inc. (NASDAQ: CONN) empathizes with the ongoing needs of affected...
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Conn's Frequently Asked Questions

  • When was Conn's founded?

    Conn's was founded in 1890.

  • Who are Conn's key executives?

    Conn's's key executives are Norm Miller, Lee A. Wright and George L. Bchara.

  • How many employees does Conn's have?

    Conn's has 4,000 employees.

  • What is Conn's revenue?

    Latest Conn's annual revenue is $1.5 b.

  • What is Conn's revenue per employee?

    Latest Conn's revenue per employee is $379 k.

  • Who are Conn's competitors?

    Competitors of Conn's include Simmons , Office Depot and Sleep Number.

  • Where is Conn's headquarters?

    Conn's headquarters is located at 4055 Technology Forest Blvd #210, The Woodlands.

  • Where are Conn's offices?

    Conn's has an office in The Woodlands.

  • How many offices does Conn's have?

    Conn's has 1 office.