Friday, January 21, 2022

Set Your Sights On Conn’s Inc. (NASDAQ: CONN)’S Upside Potential

A furniture and home furnishings retailer, Conn’s Inc. (NASDAQ: CONN), reported growth in sales in the first quarter. The company’s performance surpassed analysts’ predictions on June 3, and shares soared more than 27 %.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored


The shares of Conn’s Inc. (NASDAQ: CONN) closed Friday’s session at $29.00, down -5.14%. Stock volume remained at 0.98 million shares, double the average daily volume of 0.49 million shares during the past 50 days. Over the past 12 months, CONN shares have increased by 238,39%, and they have moved up by 21.09% over the past week. Stock prices have risen by 103.37% during the past three months and 143.08% during the past six months. Additionally, the company has a market capitalization of $897.55 million and 29.20 million outstanding shares.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


As a result, Conn’s LFL sales increased by 19 % YoY, pushing revenue up by 15 % to $363 million for the quarter. The President of the United States and the US Centers for Disease Control and Prevention offer new social distancing and mask wear guidelines. Thus, customers were more likely to visit stationery stores and spend money. Net income for Conn in the first quarter totalled $ 45.4 million, translating into $0.155 per share. The retailer suffered a loss of $ 54.6 million a year earlier, or $ 1.89 per share when the most stringent quarantine restrictions were in effect.

In the past quarters, Conn’s Inc has realized excellent profits since consumer demand changed during the COVID-19 pandemic favoring household goods. Since this situation is not likely to repeat itself in the near future, future comparisons of financial indicators may not be as impressive.

Currently, Conn’s Inc. (NASDAQ: CONN) operates over 100 retail stores across the United States in Arizona, Colorado, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. The stores offer furniture and mattresses, household appliances, electronics, and office equipment, and customers can also get home insurance, loan, and conclusion of repair contracts there.

Latest news

Here’s the Reason of Sonoma Pharmaceuticals, Inc. (SNOA) Stock Gaining Momentum in Aftermarket.

Sonoma Pharmaceuticals, Inc. (SNOA) is an innovative and leading global brand engaged in the development of stabilized hypochlorous acid products for different applications including...

Looking Under The Hood: What’s Happening To Bee Vectoring Technologies (BEVVF) Stock

Bee Vectoring Technologies International Inc (BEVVF) closed up 24.71 percent on Wednesday at $0.3280, and has been trading in a day range of $0.2721...

Best cannabis stock investment could lead to great profits in the near future

In recent months, there has been much debate about which are the best cannabis stocks. There are several states where recreational marijuana is legal,...

Stealth BioTherapeutics Inc. (MITO) stock rose during after-hours, provided no current update.

Stealth BioTherapeutics Inc. (NASDAQ: MITO) stock plunged by 3.57% at last close whereas the MITO stock price gains by 6.17% in the after-hour trading...

Related news

Here’s the Reason of Sonoma Pharmaceuticals, Inc. (SNOA) Stock Gaining Momentum in Aftermarket.

Sonoma Pharmaceuticals, Inc. (SNOA) is an innovative and leading global brand engaged in the development of stabilized hypochlorous acid products for different applications including...

Looking Under The Hood: What’s Happening To Bee Vectoring Technologies (BEVVF) Stock

Bee Vectoring Technologies International Inc (BEVVF) closed up 24.71 percent on Wednesday at $0.3280, and has been trading in a day range of $0.2721...

Best cannabis stock investment could lead to great profits in the near future

In recent months, there has been much debate about which are the best cannabis stocks. There are several states where recreational marijuana is legal,...

Stealth BioTherapeutics Inc. (MITO) stock rose during after-hours, provided no current update.

Stealth BioTherapeutics Inc. (NASDAQ: MITO) stock plunged by 3.57% at last close whereas the MITO stock price gains by 6.17% in the after-hour trading...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

1745

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam