Conn's CEO Cautions On Challenging Macro-Environment Throughout FY25; Stock Falls
Conn's CEO Cautions On Challenging Macro-Environment Throughout FY25; Stock Falls
Conn's, Inc. (NASDAQ:CONN) shares are trading lower on Thursday.
康恩公司（納斯達克股票代碼：CONN）股價週四走低。
The company reported fourth-quarter adjusted earnings per share of $(1.25) loss, narrower than the street view of $(1.57).
該公司公佈的第四季度調整後每股收益爲虧損1.25美元，低於街景圖（1.57美元）。
Total consolidated revenue increased 9.3% to $366.1 million due to an 8.6% increase in total net sales and a 10.7% increase in finance charges and other revenues. Revenues missed the analyst consensus of $422.403 million.
由於總淨銷售額增長了8.6％，財務費用和其他收入增長了10.7％，合併總收入增長了9.3％，至3.661億美元。收入未達到分析師共識的4.22403億美元。
Retail revenues rose 9.6% year over year to $296.9 million for the three months ended January 31, 2024. Credit revenues rose 10.4% to $70.8 million in the quarter under review.
截至2024年1月31日的三個月，零售收入同比增長9.6％，至2.969億美元。在本報告所述季度，信貸收入增長了10.4％，至7,080萬美元。
The Badcock transaction, which closed on December 18, 2023, contributed $68.4 million to total consolidated revenue.
Badcock交易於2023年12月18日完成，爲合併總收入貢獻了6,840萬美元。
On a non-GAAP basis, adjusted net loss for the fourth quarter of fiscal year 2024 was $(31.0) million.
按非公認會計准則計算，2024財年第四季度調整後的淨虧損爲3,100萬美元。
The company opened one new Conn's store during the fourth quarter of fiscal year 2024.
該公司在2024財年第四季度在康恩開設了一家新門店。
In addition, the company added 376 stores through the Badcock transaction in December 2023, bringing the total store count to 553 (including 308 dealer stores) in 15 states. The company had $70.75 million of cash and equivalents.
此外，該公司在2023年12月通過Badcock交易增加了376家門店，使15個州的門店總數達到553家（包括308家經銷商門店）。該公司擁有7,075萬美元的現金及等價物。
"While we expect the macro-environment to remain challenging throughout our fiscal year 2025, I am confident that the Badcock transaction, combined with existing strategic initiatives underway, will position us to emerge stronger and more resilient than ever before," said Norm Miller, President and Chief Executive Officer.
總裁兼首席執行官諾姆·米勒表示：“儘管我們預計在整個2025財年宏觀環境仍將充滿挑戰，但我相信，Badcock的交易加上正在進行的現有戰略舉措，將使我們變得比以往任何時候都更強大、更具彈性。”
"As a result, we expect to experience year-over-year improvements in both retail sales and profitability throughout fiscal year 2025," Miller added.
米勒補充說：“因此，我們預計在整個2025財年零售銷售和盈利能力都將同比改善。”
Price Action: CONN shares are trading lower by 5.64% to $3.01 on the last check Thursday.
價格走勢：在週四的最後一次支票中，康涅狄格州股價下跌5.64％，至3.01美元。
譯文內容由第三人軟體翻譯。