Troubled electronics and home goods retailer Conn’s has commenced going-out-of-business sales after it filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of Texas. When it filed for Chapter 11, Conn’s put through...
Conn’s beat an analyst estimate on fourth-quarter loss but fell short of an estimate on revenues. Net income was $43.3 million, or $1.75 per diluted share, versus a net loss of $42.8 million, or $1.79 per diluted share, in the year-prior quarter. Adjusted for one-time...
