Earnings Call Summary | Conn's(CONN.US) Q4 2024 Earnings Conference
Earnings Call Summary | Conn's(CONN.US) Q4 2024 Earnings Conference
The following is a summary of the Conn's, Inc. (CONN) Q4 2024 Earnings Call Transcript:
以下是康恩公司（CONN）2024年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Conn's, Inc. reported consolidated total revenue for Q4 2024 of $366.1 million, reflecting a 9.3% growth year-over-year.
A noteworthy flip in GAAP net income was noted, from last year's net loss of $42.8 million to a net gain of $43.3 million this year.
Retail revenues jumped 9.6% year-over-year to reach $296.9 million. However, the company suffered a retail segment operating loss of $38.1 million.
Driven by Badcock's receivables, credit revenues increased by 10.4% to $70.8 million.
康氏公司報告稱，2024年第四季度的合併總收入爲3.661億美元，同比增長9.3％。
注意到GAAP淨收入發生了顯著的變化，從去年的淨虧損4,280萬美元到今年的淨收益4,330萬美元。
零售收入同比增長9.6％，達到2.969億美元。但是，該公司的零售板塊的營業虧損爲3,810萬美元。
在巴德考克應收賬款的推動下，信貸收入增長了10.4％，達到7,080萬美元。
Business Progress:
業務進展：
Conn's has successfully integrated W.S. Badcock, broadening its retail base to over 550 locations across 15 states.
The company has identified key priorities for the near future, which include transitioning Badcock's services, integrating supply chains and enhancing e-commerce capabilities.
A record e-commerce sales of $109.3 million were achieved, recording a 38.2% growth from the previous year.
The company expects the Badcock transaction to drive material cost savings, increase gross margins, and improve operating leverage.
Conn's plans to optimize product assortment, streamline distribution, and transition Badcock to Conn's delivery and service model, expecting this will lead to significant cost savings and profitability.
Same-store sales performance is expected to benefit significantly from the integration and growth strategies with the ambition of achieving annual adjusted EBITDA of $180 million to $220 million.
康恩成功整合了W.S. Badcock，將其零售基礎擴大到15個州的550多個地點。
該公司已經確定了不久的將來的關鍵優先事項，其中包括過渡Badcock的服務、整合供應鏈和增強電子商務能力。
電子商務銷售額創下了創紀錄的1.093億美元，比上年增長了38.2％。
該公司預計，Badcock的交易將節省材料成本，提高毛利率並提高運營槓桿率。
康恩計劃優化產品分類，簡化分銷，並將Badcock過渡到康恩的交付和服務模式，預計這將帶來顯著的成本節省和盈利能力。
預計同店銷售業績將顯著受益於整合和增長戰略，目標是實現1.8億美元至2.2億美元的年度調整後息稅折舊攤銷前利潤。
More details: Conn's IR
更多詳情： 康恩的紅外線
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。