Conn's Fiscal Q3 CE Same-Store Sales Fell 13 Percent on Super Bowl Timing, CEO Says
Conn’s had a 7.4 percent increase in overall same-store revenue for the quarter ended Jan. 31, but CE same-store sales dropped 13.3 percent, it said in a preliminary report Tuesday. CEO Norm Miller said the Super Bowl falling a week…
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later than usual “delayed sales of televisions into the first week of February.” The timing is expected to boost February sales, he said. Furniture and mattress revenue grew 15.2 percent over the year-ago quarter, the company said.