Conn's（CN4）株式概要は、米国で耐久消費財および関連サービスの専門小売業を営んでいる。 詳細CN4 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性1/6配当金0/6リスク分析負債は営業キャッシュフローで十分にカバーされていない 意味のある時価総額がありません ( €2K )過去5年間で収益は年間47.1%減少しました。 株式の流動性は非常に低い +1 さらなるリスクすべてのリスクチェックを見るCN4 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.0599.6% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-77m2b2016201920222025202620282031Revenue US$1.0bEarnings US$43.5mAdvancedSet Fair ValueView all narrativesConn's, Inc. 競合他社NxuSymbol: OTCPK:NXURMarket cap: US$5.1kBrüder MannesmannSymbol: DB:BMMMarket cap: €3.9mGrand GallerySymbol: OTCPK:COSGMarket cap: US$25.9kCyfrowe Centrum Serwisowe Spólka AkcyjnaSymbol: WSE:CCSMarket cap: zł7.9m価格と性能株価の高値、安値、推移の概要Conn's過去の株価現在の株価US$0.0552週高値US$4.6852週安値US$0.05ベータ2.191ヶ月の変化0%3ヶ月変化-64.29%1年変化-98.33%3年間の変化-99.77%5年間の変化-99.77%IPOからの変化-99.66%最新ニュースお知らせ • May 28Third Motion for Exclusivity Period Extension Approved For Conn's, Inc.The US Bankruptcy Court granted an order for the extension of the exclusivity periods for Conn's, Inc. on May 27, 2025. As per the order, the debtor’s exclusivity period to file its plan and to solicit votes on its plan, have been extended by 45 days i.e. up to June 18, 2025, and August 19, 2025., respectively.お知らせ • Mar 11Motion for Exclusivity Period Extension Approved For Conn's, Inc.The US Bankruptcy Court granted an order for the extension of the exclusivity periods for Conn's, Inc. On March 09,2025. As per the order, the debtor’s exclusivity period to file its plan and to solicit votes on its plan, have been extended by 75 days i.e. up to May 4, 2025, and, July 5, 2025, respectively.お知らせ • Oct 29+ 1 more updateNotice of Successful Bidder Filed by Conn's, Inc.Conn's, Inc. filed a notice for the selection of Successful Bidder in the US Bankruptcy Court for the sale of its certain assets on October 28, 2024. Royal Furniture Company has been designated the Successful Bidder of the Lease of property located 515 A S. Jefferson St., Athens, AL. The debtor’s assets include certain lease transactions.お知らせ • Sep 06The Nasdaq Stock Market to Delist Common Stock of Conn'sThe Nasdaq Stock Market announced that it will delist the common stock of Conn's, Inc. The company's securities were suspended on August 6, 2024, and have not traded on Nasdaq since that time.お知らせ • Aug 07Conn's, Inc.(OTCPK:CONN.Q) dropped from NASDAQ Composite IndexConn's, Inc removedお知らせ • Aug 02Nasdaq Determines to Commence Proceedings to Delist the Conn's Securities from TradingOn July 26, 2024, Conn's, Inc. (the Company") was notified by the staff of The Nasdaq Stock Market (Nasdaq") that it had determined to commence proceedings to delist the Company's securities from trading on Nasdaq. As a result of this determination, trading in the Company's common stock will be suspended at the opening of business on August 6, 2024, and a Form 25-NSE will be filed by Nasdaq with the Securities and Exchange Commission (the SEC"), which will remove the Company's securities from listing and registration on Nasdaq. Nasdaq reached its decision that the Company is no longer suitable for listing pursuant to Listing Rules 5101, 5110(b), and 5101-1, after the Company's disclosure on July 25, 2024, that the Company, together with certain of its subsidiaries, had filed for protection under chapter 11 of title 11 of the United States Code (the Chapter 11 Cases") in the United States Bankruptcy Court for the Southern District of Texas (the Bankruptcy Court"). Taking into account the Company's desire to reduce operating expenses and maximize the value of its estates, the Company does not intend to appeal Nasdaq's determination. The Company expects that the trading of its common stock will transition to the OTC Bulletin Board or pink sheets" market shortly. The transition to over-the-counter markets will not affect the Company's operations or business and does not change its reporting requirements under SEC rules.最新情報をもっと見るRecent updatesお知らせ • May 28Third Motion for Exclusivity Period Extension Approved For Conn's, Inc.The US Bankruptcy Court granted an order for the extension of the exclusivity periods for Conn's, Inc. on May 27, 2025. As per the order, the debtor’s exclusivity period to file its plan and to solicit votes on its plan, have been extended by 45 days i.e. up to June 18, 2025, and August 19, 2025., respectively.お知らせ • Mar 11Motion for Exclusivity Period Extension Approved For Conn's, Inc.The US Bankruptcy Court granted an order for the extension of the exclusivity periods for Conn's, Inc. On March 09,2025. As per the order, the debtor’s exclusivity period to file its plan and to solicit votes on its plan, have been extended by 75 days i.e. up to May 4, 2025, and, July 5, 2025, respectively.お知らせ • Oct 29+ 1 more updateNotice of Successful Bidder Filed by Conn's, Inc.Conn's, Inc. filed a notice for the selection of Successful Bidder in the US Bankruptcy Court for the sale of its certain assets on October 28, 2024. Royal Furniture Company has been designated the Successful Bidder of the Lease of property located 515 A S. Jefferson St., Athens, AL. The debtor’s assets include certain lease transactions.お知らせ • Sep 06The Nasdaq Stock Market to Delist Common Stock of Conn'sThe Nasdaq Stock Market announced that it will delist the common stock of Conn's, Inc. The company's securities were suspended on August 6, 2024, and have not traded on Nasdaq since that time.お知らせ • Aug 07Conn's, Inc.(OTCPK:CONN.Q) dropped from NASDAQ Composite IndexConn's, Inc removedお知らせ • Aug 02Nasdaq Determines to Commence Proceedings to Delist the Conn's Securities from TradingOn July 26, 2024, Conn's, Inc. (the Company") was notified by the staff of The Nasdaq Stock Market (Nasdaq") that it had determined to commence proceedings to delist the Company's securities from trading on Nasdaq. As a result of this determination, trading in the Company's common stock will be suspended at the opening of business on August 6, 2024, and a Form 25-NSE will be filed by Nasdaq with the Securities and Exchange Commission (the SEC"), which will remove the Company's securities from listing and registration on Nasdaq. Nasdaq reached its decision that the Company is no longer suitable for listing pursuant to Listing Rules 5101, 5110(b), and 5101-1, after the Company's disclosure on July 25, 2024, that the Company, together with certain of its subsidiaries, had filed for protection under chapter 11 of title 11 of the United States Code (the Chapter 11 Cases") in the United States Bankruptcy Court for the Southern District of Texas (the Bankruptcy Court"). Taking into account the Company's desire to reduce operating expenses and maximize the value of its estates, the Company does not intend to appeal Nasdaq's determination. The Company expects that the trading of its common stock will transition to the OTC Bulletin Board or pink sheets" market shortly. The transition to over-the-counter markets will not affect the Company's operations or business and does not change its reporting requirements under SEC rules.お知らせ • Jul 26+ 2 more updatesInterim DIP Financing Approved for Conn's, Inc.The US Bankruptcy Court gave an order to Conn's, Inc., to obtain DIP financing on an interim basis on July 24, 2024. As per the order, the debtor has been authorized to obtain a new money credit facility in the amount of $5 million from JPMorgan Chase Bank, N.A., MUFG Union Bank, N.A., Regions Bank, Deutsche Bank AG New York Branch, Zions Bancorporation, N.A. DBA Amegy Bank, Citizens Bank, N.A., Fifth Third Bank, National Association, First Horizon Bank, City National Bank, Cathay Bank with JPMorgan Chase Bank, N.A acting as the administrative agent. The DIP loan would either carry an interest rate of Base Rate + 4.75% p.a., along with an additional 2% p.a. interest in the event of default. The DIP facility would mature either on October 21, 2024, or 90 day after the Petition Date on the effective date of the plan or on the date of consummation of the sale of substantially all assets, whichever is earlier. Adequate protection would be provided to the DIP lenders in the form of super-priority administrative expense claims which is subject to a carve-out of $0.10 million towards unpaid professional fees / administrative expenses and first priority lien upon and security interest in the debtor’s collateral. The final hearing shall be held on August 20, 2024.お知らせ • Jul 24Conn's, Inc. Filed for BankruptcyConn's, Inc., along with its 10 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on July 23, 2024. The debtor listed both its assets and liabilities in the range of $1 billion to $10 billion. The debtor is represented by Duston K McFaul of SIdley Austin LLP as its legal counsel. The debtor also hired BRG Capital Advisors LLC as its financial advisor, Houlihan Lokey, Inc. as its investment banker and Epiq Corporate Restructuring LLC as its noticing and claims agent.お知らせ • Jun 27Conn’s Announces Receipt of Delinquency Notification Letter from NasdaqConn's, Inc. announced that on June 20, 2024, it received a delinquency notification letter from the Nasdaq Stock Market LLC, indicating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because of the Company’s delay in filing its Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2024 by the applicable due date required by the U.S. Securities and Exchange Commission. The Notice has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Global Select Market. The Notice states that the Company has 60 days, or until August 19, 2024, to submit to Nasdaq a plan to regain compliance with the Rule. If Nasdaq accepts the Company's plan to regain compliance, then Nasdaq may grant the Company up to 180 calendar days from the prescribed due date of the Form 10-Q, or until December 16, 2024, to file the Form 10-Q to regain compliance; however, there can be no assurance that these events will occur.お知らせ • Jun 13Conn's, Inc. announced delayed 10-Q filingOn 06/11/2024, Conn's, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Apr 20Conn's, Inc., Annual General Meeting, May 30, 2024Conn's, Inc., Annual General Meeting, May 30, 2024, at 12:00 Central Daylight. Location: 2445 Technology Forest Blvd, Building 4, Suite 800 The Woodlands Texas United States Agenda: o elect the nine directors nominated by our Board of Directors and named in this proxy statement; to ratify the Audit Committee’s appointment of Ernst & Young LLP as company independent registered public accounting firm for the fiscal year ending January 31, 2025; to hold a non-binding advisory vote to approve the compensation of our named executive officers; and to transact such other business as may properly come before the meeting.お知らせ • Apr 17Conn's, Inc. announced delayed annual 10-K filingOn 04/16/2024, Conn's, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.Reported Earnings • Apr 12Full year 2024 earnings released: US$3.17 loss per share (vs US$2.46 loss in FY 2023)Full year 2024 results: US$3.17 loss per share (further deteriorated from US$2.46 loss in FY 2023). Revenue: US$1.24b (down 7.8% from FY 2023). Net loss: US$76.9m (loss widened 30% from FY 2023). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.お知らせ • Mar 27Conn's, Inc. to Report Q4, 2024 Results on Apr 11, 2024Conn's, Inc. announced that they will report Q4, 2024 results Pre-Market on Apr 11, 2024お知らせ • Dec 22+ 1 more updateConn's, Inc. Appoints Norman L. Miller as PresidentConn's, Inc. announced that On December 18, 2023, the Board of Directors (the “Board”) of the Company appointed Norman L. Miller, previously the Interim President and Chief Executive Officer, to the position of President and Chief Executive Officer effective immediately. The general terms and conditions of Mr. Miller’s employment, including his compensation, have not been altered in connection with his appointment.お知らせ • Dec 20Conn's, Inc. (NasdaqGS:CONN) acquired W.S. Badcock Corporation from Franchise Group Newco BHF, LLC.Conn's, Inc. (NasdaqGS:CONN) acquired W.S. Badcock Corporation from Franchise Group Newco BHF, LLC on December 18, 2023. The transaction was consummated as an all-stock deal with Conn’s issuing 1,000,000 of its non-voting senior preferred shares convertible into approximately 24,500,000 shares of a to-be issued class of Non-Voting Common Stock, subject to shareholder vote, representing 49.99% of Conn’s outstanding common stock after giving effect to the stock issuance and assuming the conversion of such preferred shares into non-voting common stock. W.S. Badcock Corporation will operate as a wholly owned subsidiary of Conn's, Inc. Norman L. Miller has been named President and Chief Executive Officer of Conn’s, Inc. Mitchell Stiles, President and Chief operating Officer of Badcock, will lead Badcock and report to Conn’s Chief Executive Officer, Norm Miller. The transaction was unanimously approved by the Board of Directors of both Conn’s and Franchise Group. The creation and issuance of the non-voting common shares is subject to approval of Conn’s shareholders in accordance with NASDAQ listing rules and Conn’s charter. Stephens Inc. and Deutsche Bank Securities Inc. served as financial advisors and Sidley Austin LLP served as legal counsel to Conn’s. JP Morgan Securities LLC served as financial advisor and Willkie Farr & Gallagher LLP served as legal counsel to Franchise Group and W.S. Badcock LLC. Conn's, Inc. (NasdaqGS:CONN) completed the acquisition of W.S. Badcock Corporation from Franchise Group Newco BHF, LLC on December 18, 2023.お知らせ • Dec 13Conn's, Inc. announced delayed 10-Q filingOn 12/12/2023, Conn's, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Nov 17+ 1 more updateConn's, Inc. Announces Executive Changes, Effective November 17, 2023Conn's, Inc. announced that CFO George Bchara submitted his voluntary resignation to the company on November 13, Conn's wrote in an 8-K filed with the U.S. Securities and Exchange Commission on November 14. His resignation is effective November 17, and he'll remain as an employee with the company through December 1. The resignation is not the result of any dispute or disagreement with the company, Conn's wrote in the filing. Bchara initially joined the furniture, appliance and electronics retailer in 2016 as vice president and chief accounting officer. He was promoted to CFO in June 2019 to replace Lee Wright, who was promoted to executive vice president and COO at the time. With Bchara's resignation, Conn's named Timothy Santo as interim CFO, effective November 17. He initially joined the company in April as vice president and chief accounting officer. Santo will continue in his role as chief accounting officer until a replacement for the position is named. Prior to joining Conn's, Santo served as senior vice president and global controller for PRA Group Inc. from 2018 to 2023. He worked at Grant Thornton LLP from 2017 to 2018 and spent nearly a decade with General Electric Co. and its financial services division, GE Capital, in several senior-level finance and executive controllership roles.Reported Earnings • Aug 31Second quarter 2024 earnings released: US$1.39 loss per share (vs US$0.089 profit in 2Q 2023)Second quarter 2024 results: US$1.39 loss per share (down from US$0.089 profit in 2Q 2023). Revenue: US$306.9m (down 12% from 2Q 2023). Net loss: US$33.5m (down US$35.6m from profit in 2Q 2023). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance.お知らせ • Aug 24Conn's, Inc. to Report Q2, 2024 Results on Aug 30, 2023Conn's, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 30, 2023New Risk • Aug 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.6m (US$98.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (€90.6m market cap, or US$98.4m).New Risk • Aug 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding).お知らせ • Jun 08Conn's, Inc. Announces Executive ChangesOn June 7, 2023, Conn’s, Inc. announced the appointment of Ms. Ann B. Gugino to its Board of Directors, effective as of June 6, 2023. Ms. Gugino is expected to stand for re-election at the annual stockholder meeting in May 2024. The Board determined that Ms. Gugino qualifies as independent under the rules of The NASDAQ Stock Market. There are no related party transactions between the Company and Ms. Gugino that would require disclosure under Item 404(a) of Regulation S-K. There are no arrangements, agreements or understandings between the Company and Ms. Gugino pursuant to which Ms. Gugino was selected as a director. Ms. Gugino served as Chief Financial Officer of Papa John’s International, Inc., which operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants, from October 2020 through March 2023. Ms. Gugino joined Papa John’s from Target Corporation where she served as Senior Vice President, Financial Planning and Analysis, from 2018 through October 2020, providing overall strategy, guidance, and direction in the development and execution of Target’s planning, analysis and capital investment portfolios. Prior to Target, Ms. Gugino spent 18 years at Patterson Companies Inc., including four years as Executive Vice President and Chief Financial Officer. Ms. Gugino has a Master’s Degree in Business Administration from Northwestern University – Kellogg School of Management and a Bachelor of Arts in Accounting from the University of Wisconsin and was a certified public accountant.Reported Earnings • Jun 02First quarter 2024 earnings released: US$1.47 loss per share (vs US$0.25 profit in 1Q 2023)First quarter 2024 results: US$1.47 loss per share (down from US$0.25 profit in 1Q 2023). Revenue: US$284.6m (down 16% from 1Q 2023). Net loss: US$35.4m (down US$41.6m from profit in 1Q 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.お知らせ • May 26Conn's, Inc. to Report Q1, 2024 Results on Jun 01, 2023Conn's, Inc. announced that they will report Q1, 2024 results Pre-Market on Jun 01, 2023Board Change • Apr 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Director Karen Hartje was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 30Full year 2023 earnings released: US$2.46 loss per share (vs US$3.70 profit in FY 2022)Full year 2023 results: US$2.46 loss per share (down from US$3.70 profit in FY 2022). Revenue: US$1.34b (down 16% from FY 2022). Net loss: US$59.3m (down 155% from profit in FY 2022). Like-for-like sales growth: Down 20.5% vs FY 2022 Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 11Franchise Group Reportedly Could Go Private or May Bid to Buy Conn'sFranchise Group, Inc. (NasdaqGM:FRG) is considering going private in a so-called management buyout, people familiar with the matter said. The company’s management, led by Chief Executive Officer Brian Kahn, could pay a price of between $30 and $35 a share, the people said. The firm is separately eyeing a potential deal to acquire furniture chain Conn's, Inc. (NasdaqGS:CONN), the people said. Conn’s had a market cap of roughly $215 million January 10, 2023 afternoon. It is possible neither transaction will come to pass, or that both will, the people said.Reported Earnings • Dec 07Third quarter 2023 earnings released: US$1.04 loss per share (vs US$0.62 profit in 3Q 2022)Third quarter 2023 results: US$1.04 loss per share (down from US$0.62 profit in 3Q 2022). Revenue: US$321.2m (down 21% from 3Q 2022). Net loss: US$24.8m (down 236% from profit in 3Q 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • Nov 30Conn's, Inc. to Report Q3, 2023 Results on Dec 06, 2022Conn's, Inc. announced that they will report Q3, 2023 results Pre-Market on Dec 06, 2022お知らせ • Nov 23Conn's, Inc. Announces Executive ChangesOn November 18, 2022, Ryan R. Nelson, Vice President and Chief Accounting Officer of Conn's, Inc. announced his resignation from the Company, effective December 14, 2022. Assumption of Chief Accounting Officer Duties. George L. Bchara, 39, the Company's Executive Vice President and Chief Financial Officer since May, 2019 and the Company's former Chief Accounting Officer from December, 2016 to May, 2019, will assume the duties of the Chief Accounting Officer role effective December 14, 2022 until a replacement is appointed.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Sue Gove was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 21% share price gain to €9.30, the stock trades at a trailing P/E ratio of 6.5x. Average forward P/E is 11x in the Specialty Retail industry in Germany. Total loss to shareholders of 54% over the past three years.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €6.85, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 70% over the past three years.Board Change • Oct 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Sue Gove was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Oct 19+ 2 more updatesConn's, Inc. Provides Earnings Guidance for Third Quarter 2023Conn's, Inc. provided earnings guidance for third quarter 2023. For the quarter the company expects total revenue to be down 21% to 23%. In addition, Conn's expects operating margin for the fiscal year 2023 third quarter to be negative mid-single digits.お知らせ • Sep 08Conn's Homeplus Announces New Layaway OfferingConn's HomePlus announced a new layaway program, its latest addition to a wide array of payment options designed to meet every customer's needs. Customers can now enjoy the benefits of layaway alongside key differentiators like national brand products, white glove, next- day delivery and in-house repair services. The layaway program is a component of Conn's commitment to unlocking greater product accessibility and payment options for all, especially during a time of economic volatility. Industry research by Salesforce found over 40% of consumers plan to start their holiday shopping earlier due to decades high inflationary trends. Conn's customers will now be able to shop for the holiday season early while enjoying the program's measured approach to payment. Available in all Conn's store locations, the layaway option allows Conn's HomePlus customers to purchase appliances, furniture, mattresses and eligible electronics by making a deposit and then making biweekly payments over a 12-week period, with no additional fees or charges. No credit history is required to be eligible. The layaway offering empowers all customers to love an item and get it when they're ready. Layaway is the latest addition to Conn's expansive portfolio of payment options, including lease-to-own, private label credit cards, in-house financing and more. Together, these programs provide a customized payment process and shopping experience that can meet every customer's needs.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €9.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 59% over the past three years.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: US$0.089 (vs US$1.26 in 2Q 2022)Second quarter 2023 results: EPS: US$0.089 (down from US$1.26 in 2Q 2022). Revenue: US$346.6m (down 17% from 2Q 2022). Net income: US$2.13m (down 94% from 2Q 2022). Profit margin: 0.6% (down from 8.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 1.0% compared to a 11% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.お知らせ • Aug 24Conn's, Inc. to Report Q2, 2023 Results on Aug 30, 2022Conn's, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 30, 2022Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €8.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.70 per share.Recent Insider Transactions • Jul 23Insider recently sold €139k worth of stockOn the 20th of July, Brian Daly sold around 15k shares on-market at roughly €9.25 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.9m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €7.55, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.98 per share.Buying Opportunity • Jun 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 57%. The fair value is estimated to be €9.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 8.7% in 2 years. Earnings is forecast to decline by 27% in the next 2 years.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €9.75, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.97 per share.Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: US$0.25 (vs US$1.55 in 1Q 2022)First quarter 2023 results: EPS: US$0.25 (down from US$1.55 in 1Q 2022). Revenue: US$339.8m (down 6.6% from 1Q 2022). Net income: US$6.22m (down 86% from 1Q 2022). Profit margin: 1.8% (down from 13% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Over the next year, revenue is expected to shrink by 2.5% compared to a 9.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • May 26Conn's, Inc. to Report Q1, 2023 Results on Jun 01, 2022Conn's, Inc. announced that they will report Q1, 2023 results Pre-Market on Jun 01, 2022Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €11.30, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.54 per share.お知らせ • Apr 14Conn's, Inc., Annual General Meeting, May 25, 2022Conn's, Inc., Annual General Meeting, May 25, 2022, at 12:00 Central Daylight. Location: 2445 Technology Forest Blvd Building 4, Suite 800 Texas City United States Agenda: To elect the nine directors nominated by our Board of Directors and named in this proxy statement; to ratify the Audit Committee's appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending January 31, 2023; to hold a non-binding advisory vote to approve the compensation of our named executive officers; and to transact such other business as may properly come before the meeting.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to €13.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Specialty Retail industry in Europe. Total loss to shareholders of 39% over the past three years.Reported Earnings • Mar 30Full year 2022 earnings released: EPS: US$3.70 (vs US$0.11 loss in FY 2021)Full year 2022 results: EPS: US$3.70 (up from US$0.11 loss in FY 2021). Revenue: US$1.59b (up 15% from FY 2021). Net income: US$108.2m (up US$111.3m from FY 2021). Profit margin: 6.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Like-for-like sales growth: 15.3% vs FY 2021 Over the next year, revenue is forecast to grow 3.1%, compared to a 17% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to €15.70, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.19 per share.Buying Opportunity • Feb 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.3%. The fair value is estimated to be US$25.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company has become profitable over the last year.お知らせ • Dec 16Conn's, Inc. (NasdaqGS:CONN) announces an Equity Buyback for $150 million worth of its shares.Conn's, Inc. (NasdaqGS:CONN) announces a share repurchase program. Under the program, the company will repurchase up to $150 million of its shares. The repurchases will be funded from available corporate funds, including cash on hand and future cash flow, as well as from drawing on its revolving credit facility. The program will expire on December 14, 2022.Valuation Update With 7 Day Price Move • Dec 14Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €16.60, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total loss to shareholders of 5.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.86 per share.Reported Earnings • Dec 08Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: US$0.62 (up from US$0.26 in 3Q 2021). Revenue: US$405.5m (up 21% from 3Q 2021). Net income: US$18.2m (up 146% from 3Q 2021). Profit margin: 4.5% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.8%. Over the next year, revenue is forecast to grow 9.1%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Sep 09Executive Chairman recently sold €318k worth of stockOn the 7th of September, Norman Miller sold around 15k shares on-market at roughly €21.12 per share. In the last 3 months, there was an even bigger sale from another insider worth €419k. This was Norman's only on-market trade for the last 12 months.Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS US$1.26 (vs US$0.71 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$412.0m (up 13% from 2Q 2021). Net income: US$37.0m (up 80% from 2Q 2021). Profit margin: 9.0% (up from 5.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Jul 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to US$18.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Specialty Retail industry in Europe. Total loss to shareholders of 42% over the past three years.Recent Insider Transactions • Jul 15Insider recently sold €104k worth of stockOn the 9th of July, Wilton Stephens sold around 5k shares on-market at roughly €21.56 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.6m. Insiders have been net sellers, collectively disposing of €7.0m more than they bought in the last 12 months.Recent Insider Transactions • Jun 10Insider recently sold €1.6m worth of stockOn the 8th of June, Harriet Stephens sold around 66k shares on-market at roughly €24.05 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.8m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 23% share price gain to US$24.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Specialty Retail industry in Europe. Total loss to shareholders of 21% over the past three years.Reported Earnings • Jun 05First quarter 2022 earnings released: EPS US$1.55 (vs US$1.95 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$363.7m (up 15% from 1Q 2021). Net income: US$45.4m (up US$101.6m from 1Q 2021). Profit margin: 13% (up from net loss in 1Q 2021). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Recent Insider Transactions • Apr 08Insider recently sold €354k worth of stockOn the 1st of April, Curtis Bradbury sold around 20k shares on-market at roughly €17.70 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €464k more than they bought in the last 12 months.Reported Earnings • Apr 01Full year 2021 earnings released: US$0.11 loss per share (vs US$1.85 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: US$1.39b (down 10% from FY 2020). Net loss: US$3.14m (down 106% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Mar 12New 90-day high: €13.70The company is up 47% from its price of €9.35 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €326 per share.お知らせ • Jan 24Conn's, Inc. Announces Executive ChangesOn January 19, 2021, Conn’s, Inc. announced the departure of Lee Wright, Chief Operating Officer and Executive Vice President, effective February 19, 2021. Norm Miller, the Company’s Chief Executive Officer, will assume the duties of the COO role and the COO position will be eliminated.株主還元CN4DE Specialty RetailDE 市場7D0%3.5%3.2%1Y-98.3%-16.2%2.5%株主還元を見る業界別リターン: CN4過去 1 年間で-16.2 % の収益を上げたGerman Specialty Retail業界を下回りました。リターン対市場: CN4は、過去 1 年間で2.5 % のリターンを上げたGerman市場を下回りました。価格変動Is CN4's price volatile compared to industry and market?CN4 volatilityCN4 Average Weekly Movementn/aSpecialty Retail Industry Average Movement5.1%Market Average Movement6.1%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: CN4の株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間のCN4のボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト18904,575Norm Millerwww.conns.comは米国で耐久消費財および関連サービスの専門小売業を営む。小売とクレジットの2つのセグメントで営業している。同社の店舗では、冷蔵庫、冷凍庫、洗濯機、乾燥機、食洗機、レンジなどの家電製品、リビング、ダイニング、寝室用の家具や関連アクセサリー、フラットマットレスなどの家具やマットレスを販売している。また、LED、OLED、QLED、4KウルトラHD、8Kテレビ、ホームシアターオーディオ、ビデオゲーム機、アーケードゲーム製品、ポータブルオーディオ機器などの家電製品、コンピューター、タブレット、モニター、アクセサリーなどのホームオフィス製品も取り扱っている。また、小売顧客向けに短期・中期の融資サービスや、配送・設置サービス、信用保険商品、製品修理サービス、修理サービス契約などの製品サポートサービスも提供している。アラバマ州、アリゾナ州、コロラド州、フロリダ州、ジョージア州、ルイジアナ州、ミシシッピ州、ネバダ州、ニューメキシコ州、ノースカロライナ州、オクラホマ州、サウスカロライナ州、テネシー州、テキサス州、バージニア州で小売店を展開している。同社は1890年に設立され、テキサス州ウッドランズに本社を置いている。2024年7月24日、コーンズ社はその関連会社とともに、テキサス州南部地区連邦破産裁判所に連邦破産法第11条に基づく任意整理を申請した。もっと見るConn's, Inc. 基礎のまとめConn's の収益と売上を時価総額と比較するとどうか。CN4 基礎統計学時価総額€2.30k収益（TTM）-€70.96m売上高(TTM)€1.14b0.0xP/Sレシオ0.0xPER（株価収益率CN4 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CN4 損益計算書（TTM）収益US$1.24b売上原価US$625.31m売上総利益US$227.83mその他の費用US$304.72m収益-US$76.89m直近の収益報告Jan 31, 2024次回決算日該当なし一株当たり利益（EPS）-3.09グロス・マージン18.41%純利益率-6.21%有利子負債／自己資本比率198.2%CN4 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/11/03 12:37終値2024/08/06 00:00収益2024/01/31年間収益2024/01/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Conn's, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Ronald TilghmanB. Riley Securities, Inc.Laura ChampineCanaccord GenuityWilliam RyanCompass Point Research & Trading, LLC7 その他のアナリストを表示
お知らせ • May 28Third Motion for Exclusivity Period Extension Approved For Conn's, Inc.The US Bankruptcy Court granted an order for the extension of the exclusivity periods for Conn's, Inc. on May 27, 2025. As per the order, the debtor’s exclusivity period to file its plan and to solicit votes on its plan, have been extended by 45 days i.e. up to June 18, 2025, and August 19, 2025., respectively.
お知らせ • Mar 11Motion for Exclusivity Period Extension Approved For Conn's, Inc.The US Bankruptcy Court granted an order for the extension of the exclusivity periods for Conn's, Inc. On March 09,2025. As per the order, the debtor’s exclusivity period to file its plan and to solicit votes on its plan, have been extended by 75 days i.e. up to May 4, 2025, and, July 5, 2025, respectively.
お知らせ • Oct 29+ 1 more updateNotice of Successful Bidder Filed by Conn's, Inc.Conn's, Inc. filed a notice for the selection of Successful Bidder in the US Bankruptcy Court for the sale of its certain assets on October 28, 2024. Royal Furniture Company has been designated the Successful Bidder of the Lease of property located 515 A S. Jefferson St., Athens, AL. The debtor’s assets include certain lease transactions.
お知らせ • Sep 06The Nasdaq Stock Market to Delist Common Stock of Conn'sThe Nasdaq Stock Market announced that it will delist the common stock of Conn's, Inc. The company's securities were suspended on August 6, 2024, and have not traded on Nasdaq since that time.
お知らせ • Aug 02Nasdaq Determines to Commence Proceedings to Delist the Conn's Securities from TradingOn July 26, 2024, Conn's, Inc. (the Company") was notified by the staff of The Nasdaq Stock Market (Nasdaq") that it had determined to commence proceedings to delist the Company's securities from trading on Nasdaq. As a result of this determination, trading in the Company's common stock will be suspended at the opening of business on August 6, 2024, and a Form 25-NSE will be filed by Nasdaq with the Securities and Exchange Commission (the SEC"), which will remove the Company's securities from listing and registration on Nasdaq. Nasdaq reached its decision that the Company is no longer suitable for listing pursuant to Listing Rules 5101, 5110(b), and 5101-1, after the Company's disclosure on July 25, 2024, that the Company, together with certain of its subsidiaries, had filed for protection under chapter 11 of title 11 of the United States Code (the Chapter 11 Cases") in the United States Bankruptcy Court for the Southern District of Texas (the Bankruptcy Court"). Taking into account the Company's desire to reduce operating expenses and maximize the value of its estates, the Company does not intend to appeal Nasdaq's determination. The Company expects that the trading of its common stock will transition to the OTC Bulletin Board or pink sheets" market shortly. The transition to over-the-counter markets will not affect the Company's operations or business and does not change its reporting requirements under SEC rules.
お知らせ • May 28Third Motion for Exclusivity Period Extension Approved For Conn's, Inc.The US Bankruptcy Court granted an order for the extension of the exclusivity periods for Conn's, Inc. on May 27, 2025. As per the order, the debtor’s exclusivity period to file its plan and to solicit votes on its plan, have been extended by 45 days i.e. up to June 18, 2025, and August 19, 2025., respectively.
お知らせ • Mar 11Motion for Exclusivity Period Extension Approved For Conn's, Inc.The US Bankruptcy Court granted an order for the extension of the exclusivity periods for Conn's, Inc. On March 09,2025. As per the order, the debtor’s exclusivity period to file its plan and to solicit votes on its plan, have been extended by 75 days i.e. up to May 4, 2025, and, July 5, 2025, respectively.
お知らせ • Oct 29+ 1 more updateNotice of Successful Bidder Filed by Conn's, Inc.Conn's, Inc. filed a notice for the selection of Successful Bidder in the US Bankruptcy Court for the sale of its certain assets on October 28, 2024. Royal Furniture Company has been designated the Successful Bidder of the Lease of property located 515 A S. Jefferson St., Athens, AL. The debtor’s assets include certain lease transactions.
お知らせ • Sep 06The Nasdaq Stock Market to Delist Common Stock of Conn'sThe Nasdaq Stock Market announced that it will delist the common stock of Conn's, Inc. The company's securities were suspended on August 6, 2024, and have not traded on Nasdaq since that time.
お知らせ • Aug 02Nasdaq Determines to Commence Proceedings to Delist the Conn's Securities from TradingOn July 26, 2024, Conn's, Inc. (the Company") was notified by the staff of The Nasdaq Stock Market (Nasdaq") that it had determined to commence proceedings to delist the Company's securities from trading on Nasdaq. As a result of this determination, trading in the Company's common stock will be suspended at the opening of business on August 6, 2024, and a Form 25-NSE will be filed by Nasdaq with the Securities and Exchange Commission (the SEC"), which will remove the Company's securities from listing and registration on Nasdaq. Nasdaq reached its decision that the Company is no longer suitable for listing pursuant to Listing Rules 5101, 5110(b), and 5101-1, after the Company's disclosure on July 25, 2024, that the Company, together with certain of its subsidiaries, had filed for protection under chapter 11 of title 11 of the United States Code (the Chapter 11 Cases") in the United States Bankruptcy Court for the Southern District of Texas (the Bankruptcy Court"). Taking into account the Company's desire to reduce operating expenses and maximize the value of its estates, the Company does not intend to appeal Nasdaq's determination. The Company expects that the trading of its common stock will transition to the OTC Bulletin Board or pink sheets" market shortly. The transition to over-the-counter markets will not affect the Company's operations or business and does not change its reporting requirements under SEC rules.
お知らせ • Jul 26+ 2 more updatesInterim DIP Financing Approved for Conn's, Inc.The US Bankruptcy Court gave an order to Conn's, Inc., to obtain DIP financing on an interim basis on July 24, 2024. As per the order, the debtor has been authorized to obtain a new money credit facility in the amount of $5 million from JPMorgan Chase Bank, N.A., MUFG Union Bank, N.A., Regions Bank, Deutsche Bank AG New York Branch, Zions Bancorporation, N.A. DBA Amegy Bank, Citizens Bank, N.A., Fifth Third Bank, National Association, First Horizon Bank, City National Bank, Cathay Bank with JPMorgan Chase Bank, N.A acting as the administrative agent. The DIP loan would either carry an interest rate of Base Rate + 4.75% p.a., along with an additional 2% p.a. interest in the event of default. The DIP facility would mature either on October 21, 2024, or 90 day after the Petition Date on the effective date of the plan or on the date of consummation of the sale of substantially all assets, whichever is earlier. Adequate protection would be provided to the DIP lenders in the form of super-priority administrative expense claims which is subject to a carve-out of $0.10 million towards unpaid professional fees / administrative expenses and first priority lien upon and security interest in the debtor’s collateral. The final hearing shall be held on August 20, 2024.
お知らせ • Jul 24Conn's, Inc. Filed for BankruptcyConn's, Inc., along with its 10 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on July 23, 2024. The debtor listed both its assets and liabilities in the range of $1 billion to $10 billion. The debtor is represented by Duston K McFaul of SIdley Austin LLP as its legal counsel. The debtor also hired BRG Capital Advisors LLC as its financial advisor, Houlihan Lokey, Inc. as its investment banker and Epiq Corporate Restructuring LLC as its noticing and claims agent.
お知らせ • Jun 27Conn’s Announces Receipt of Delinquency Notification Letter from NasdaqConn's, Inc. announced that on June 20, 2024, it received a delinquency notification letter from the Nasdaq Stock Market LLC, indicating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because of the Company’s delay in filing its Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2024 by the applicable due date required by the U.S. Securities and Exchange Commission. The Notice has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Global Select Market. The Notice states that the Company has 60 days, or until August 19, 2024, to submit to Nasdaq a plan to regain compliance with the Rule. If Nasdaq accepts the Company's plan to regain compliance, then Nasdaq may grant the Company up to 180 calendar days from the prescribed due date of the Form 10-Q, or until December 16, 2024, to file the Form 10-Q to regain compliance; however, there can be no assurance that these events will occur.
お知らせ • Jun 13Conn's, Inc. announced delayed 10-Q filingOn 06/11/2024, Conn's, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Apr 20Conn's, Inc., Annual General Meeting, May 30, 2024Conn's, Inc., Annual General Meeting, May 30, 2024, at 12:00 Central Daylight. Location: 2445 Technology Forest Blvd, Building 4, Suite 800 The Woodlands Texas United States Agenda: o elect the nine directors nominated by our Board of Directors and named in this proxy statement; to ratify the Audit Committee’s appointment of Ernst & Young LLP as company independent registered public accounting firm for the fiscal year ending January 31, 2025; to hold a non-binding advisory vote to approve the compensation of our named executive officers; and to transact such other business as may properly come before the meeting.
お知らせ • Apr 17Conn's, Inc. announced delayed annual 10-K filingOn 04/16/2024, Conn's, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
Reported Earnings • Apr 12Full year 2024 earnings released: US$3.17 loss per share (vs US$2.46 loss in FY 2023)Full year 2024 results: US$3.17 loss per share (further deteriorated from US$2.46 loss in FY 2023). Revenue: US$1.24b (down 7.8% from FY 2023). Net loss: US$76.9m (loss widened 30% from FY 2023). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 27Conn's, Inc. to Report Q4, 2024 Results on Apr 11, 2024Conn's, Inc. announced that they will report Q4, 2024 results Pre-Market on Apr 11, 2024
お知らせ • Dec 22+ 1 more updateConn's, Inc. Appoints Norman L. Miller as PresidentConn's, Inc. announced that On December 18, 2023, the Board of Directors (the “Board”) of the Company appointed Norman L. Miller, previously the Interim President and Chief Executive Officer, to the position of President and Chief Executive Officer effective immediately. The general terms and conditions of Mr. Miller’s employment, including his compensation, have not been altered in connection with his appointment.
お知らせ • Dec 20Conn's, Inc. (NasdaqGS:CONN) acquired W.S. Badcock Corporation from Franchise Group Newco BHF, LLC.Conn's, Inc. (NasdaqGS:CONN) acquired W.S. Badcock Corporation from Franchise Group Newco BHF, LLC on December 18, 2023. The transaction was consummated as an all-stock deal with Conn’s issuing 1,000,000 of its non-voting senior preferred shares convertible into approximately 24,500,000 shares of a to-be issued class of Non-Voting Common Stock, subject to shareholder vote, representing 49.99% of Conn’s outstanding common stock after giving effect to the stock issuance and assuming the conversion of such preferred shares into non-voting common stock. W.S. Badcock Corporation will operate as a wholly owned subsidiary of Conn's, Inc. Norman L. Miller has been named President and Chief Executive Officer of Conn’s, Inc. Mitchell Stiles, President and Chief operating Officer of Badcock, will lead Badcock and report to Conn’s Chief Executive Officer, Norm Miller. The transaction was unanimously approved by the Board of Directors of both Conn’s and Franchise Group. The creation and issuance of the non-voting common shares is subject to approval of Conn’s shareholders in accordance with NASDAQ listing rules and Conn’s charter. Stephens Inc. and Deutsche Bank Securities Inc. served as financial advisors and Sidley Austin LLP served as legal counsel to Conn’s. JP Morgan Securities LLC served as financial advisor and Willkie Farr & Gallagher LLP served as legal counsel to Franchise Group and W.S. Badcock LLC. Conn's, Inc. (NasdaqGS:CONN) completed the acquisition of W.S. Badcock Corporation from Franchise Group Newco BHF, LLC on December 18, 2023.
お知らせ • Dec 13Conn's, Inc. announced delayed 10-Q filingOn 12/12/2023, Conn's, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Nov 17+ 1 more updateConn's, Inc. Announces Executive Changes, Effective November 17, 2023Conn's, Inc. announced that CFO George Bchara submitted his voluntary resignation to the company on November 13, Conn's wrote in an 8-K filed with the U.S. Securities and Exchange Commission on November 14. His resignation is effective November 17, and he'll remain as an employee with the company through December 1. The resignation is not the result of any dispute or disagreement with the company, Conn's wrote in the filing. Bchara initially joined the furniture, appliance and electronics retailer in 2016 as vice president and chief accounting officer. He was promoted to CFO in June 2019 to replace Lee Wright, who was promoted to executive vice president and COO at the time. With Bchara's resignation, Conn's named Timothy Santo as interim CFO, effective November 17. He initially joined the company in April as vice president and chief accounting officer. Santo will continue in his role as chief accounting officer until a replacement for the position is named. Prior to joining Conn's, Santo served as senior vice president and global controller for PRA Group Inc. from 2018 to 2023. He worked at Grant Thornton LLP from 2017 to 2018 and spent nearly a decade with General Electric Co. and its financial services division, GE Capital, in several senior-level finance and executive controllership roles.
Reported Earnings • Aug 31Second quarter 2024 earnings released: US$1.39 loss per share (vs US$0.089 profit in 2Q 2023)Second quarter 2024 results: US$1.39 loss per share (down from US$0.089 profit in 2Q 2023). Revenue: US$306.9m (down 12% from 2Q 2023). Net loss: US$33.5m (down US$35.6m from profit in 2Q 2023). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 24Conn's, Inc. to Report Q2, 2024 Results on Aug 30, 2023Conn's, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 30, 2023
New Risk • Aug 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.6m (US$98.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (€90.6m market cap, or US$98.4m).
New Risk • Aug 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding).
お知らせ • Jun 08Conn's, Inc. Announces Executive ChangesOn June 7, 2023, Conn’s, Inc. announced the appointment of Ms. Ann B. Gugino to its Board of Directors, effective as of June 6, 2023. Ms. Gugino is expected to stand for re-election at the annual stockholder meeting in May 2024. The Board determined that Ms. Gugino qualifies as independent under the rules of The NASDAQ Stock Market. There are no related party transactions between the Company and Ms. Gugino that would require disclosure under Item 404(a) of Regulation S-K. There are no arrangements, agreements or understandings between the Company and Ms. Gugino pursuant to which Ms. Gugino was selected as a director. Ms. Gugino served as Chief Financial Officer of Papa John’s International, Inc., which operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants, from October 2020 through March 2023. Ms. Gugino joined Papa John’s from Target Corporation where she served as Senior Vice President, Financial Planning and Analysis, from 2018 through October 2020, providing overall strategy, guidance, and direction in the development and execution of Target’s planning, analysis and capital investment portfolios. Prior to Target, Ms. Gugino spent 18 years at Patterson Companies Inc., including four years as Executive Vice President and Chief Financial Officer. Ms. Gugino has a Master’s Degree in Business Administration from Northwestern University – Kellogg School of Management and a Bachelor of Arts in Accounting from the University of Wisconsin and was a certified public accountant.
Reported Earnings • Jun 02First quarter 2024 earnings released: US$1.47 loss per share (vs US$0.25 profit in 1Q 2023)First quarter 2024 results: US$1.47 loss per share (down from US$0.25 profit in 1Q 2023). Revenue: US$284.6m (down 16% from 1Q 2023). Net loss: US$35.4m (down US$41.6m from profit in 1Q 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
お知らせ • May 26Conn's, Inc. to Report Q1, 2024 Results on Jun 01, 2023Conn's, Inc. announced that they will report Q1, 2024 results Pre-Market on Jun 01, 2023
Board Change • Apr 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Director Karen Hartje was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 30Full year 2023 earnings released: US$2.46 loss per share (vs US$3.70 profit in FY 2022)Full year 2023 results: US$2.46 loss per share (down from US$3.70 profit in FY 2022). Revenue: US$1.34b (down 16% from FY 2022). Net loss: US$59.3m (down 155% from profit in FY 2022). Like-for-like sales growth: Down 20.5% vs FY 2022 Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 11Franchise Group Reportedly Could Go Private or May Bid to Buy Conn'sFranchise Group, Inc. (NasdaqGM:FRG) is considering going private in a so-called management buyout, people familiar with the matter said. The company’s management, led by Chief Executive Officer Brian Kahn, could pay a price of between $30 and $35 a share, the people said. The firm is separately eyeing a potential deal to acquire furniture chain Conn's, Inc. (NasdaqGS:CONN), the people said. Conn’s had a market cap of roughly $215 million January 10, 2023 afternoon. It is possible neither transaction will come to pass, or that both will, the people said.
Reported Earnings • Dec 07Third quarter 2023 earnings released: US$1.04 loss per share (vs US$0.62 profit in 3Q 2022)Third quarter 2023 results: US$1.04 loss per share (down from US$0.62 profit in 3Q 2022). Revenue: US$321.2m (down 21% from 3Q 2022). Net loss: US$24.8m (down 236% from profit in 3Q 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • Nov 30Conn's, Inc. to Report Q3, 2023 Results on Dec 06, 2022Conn's, Inc. announced that they will report Q3, 2023 results Pre-Market on Dec 06, 2022
お知らせ • Nov 23Conn's, Inc. Announces Executive ChangesOn November 18, 2022, Ryan R. Nelson, Vice President and Chief Accounting Officer of Conn's, Inc. announced his resignation from the Company, effective December 14, 2022. Assumption of Chief Accounting Officer Duties. George L. Bchara, 39, the Company's Executive Vice President and Chief Financial Officer since May, 2019 and the Company's former Chief Accounting Officer from December, 2016 to May, 2019, will assume the duties of the Chief Accounting Officer role effective December 14, 2022 until a replacement is appointed.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Sue Gove was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 21% share price gain to €9.30, the stock trades at a trailing P/E ratio of 6.5x. Average forward P/E is 11x in the Specialty Retail industry in Germany. Total loss to shareholders of 54% over the past three years.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €6.85, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 70% over the past three years.
Board Change • Oct 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Sue Gove was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 19+ 2 more updatesConn's, Inc. Provides Earnings Guidance for Third Quarter 2023Conn's, Inc. provided earnings guidance for third quarter 2023. For the quarter the company expects total revenue to be down 21% to 23%. In addition, Conn's expects operating margin for the fiscal year 2023 third quarter to be negative mid-single digits.
お知らせ • Sep 08Conn's Homeplus Announces New Layaway OfferingConn's HomePlus announced a new layaway program, its latest addition to a wide array of payment options designed to meet every customer's needs. Customers can now enjoy the benefits of layaway alongside key differentiators like national brand products, white glove, next- day delivery and in-house repair services. The layaway program is a component of Conn's commitment to unlocking greater product accessibility and payment options for all, especially during a time of economic volatility. Industry research by Salesforce found over 40% of consumers plan to start their holiday shopping earlier due to decades high inflationary trends. Conn's customers will now be able to shop for the holiday season early while enjoying the program's measured approach to payment. Available in all Conn's store locations, the layaway option allows Conn's HomePlus customers to purchase appliances, furniture, mattresses and eligible electronics by making a deposit and then making biweekly payments over a 12-week period, with no additional fees or charges. No credit history is required to be eligible. The layaway offering empowers all customers to love an item and get it when they're ready. Layaway is the latest addition to Conn's expansive portfolio of payment options, including lease-to-own, private label credit cards, in-house financing and more. Together, these programs provide a customized payment process and shopping experience that can meet every customer's needs.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €9.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 59% over the past three years.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: US$0.089 (vs US$1.26 in 2Q 2022)Second quarter 2023 results: EPS: US$0.089 (down from US$1.26 in 2Q 2022). Revenue: US$346.6m (down 17% from 2Q 2022). Net income: US$2.13m (down 94% from 2Q 2022). Profit margin: 0.6% (down from 8.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 1.0% compared to a 11% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
お知らせ • Aug 24Conn's, Inc. to Report Q2, 2023 Results on Aug 30, 2022Conn's, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 30, 2022
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €8.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.70 per share.
Recent Insider Transactions • Jul 23Insider recently sold €139k worth of stockOn the 20th of July, Brian Daly sold around 15k shares on-market at roughly €9.25 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.9m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €7.55, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.98 per share.
Buying Opportunity • Jun 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 57%. The fair value is estimated to be €9.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 8.7% in 2 years. Earnings is forecast to decline by 27% in the next 2 years.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €9.75, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.97 per share.
Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: US$0.25 (vs US$1.55 in 1Q 2022)First quarter 2023 results: EPS: US$0.25 (down from US$1.55 in 1Q 2022). Revenue: US$339.8m (down 6.6% from 1Q 2022). Net income: US$6.22m (down 86% from 1Q 2022). Profit margin: 1.8% (down from 13% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Over the next year, revenue is expected to shrink by 2.5% compared to a 9.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • May 26Conn's, Inc. to Report Q1, 2023 Results on Jun 01, 2022Conn's, Inc. announced that they will report Q1, 2023 results Pre-Market on Jun 01, 2022
Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €11.30, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.54 per share.
お知らせ • Apr 14Conn's, Inc., Annual General Meeting, May 25, 2022Conn's, Inc., Annual General Meeting, May 25, 2022, at 12:00 Central Daylight. Location: 2445 Technology Forest Blvd Building 4, Suite 800 Texas City United States Agenda: To elect the nine directors nominated by our Board of Directors and named in this proxy statement; to ratify the Audit Committee's appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending January 31, 2023; to hold a non-binding advisory vote to approve the compensation of our named executive officers; and to transact such other business as may properly come before the meeting.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to €13.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Specialty Retail industry in Europe. Total loss to shareholders of 39% over the past three years.
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: US$3.70 (vs US$0.11 loss in FY 2021)Full year 2022 results: EPS: US$3.70 (up from US$0.11 loss in FY 2021). Revenue: US$1.59b (up 15% from FY 2021). Net income: US$108.2m (up US$111.3m from FY 2021). Profit margin: 6.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Like-for-like sales growth: 15.3% vs FY 2021 Over the next year, revenue is forecast to grow 3.1%, compared to a 17% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to €15.70, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.19 per share.
Buying Opportunity • Feb 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.3%. The fair value is estimated to be US$25.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company has become profitable over the last year.
お知らせ • Dec 16Conn's, Inc. (NasdaqGS:CONN) announces an Equity Buyback for $150 million worth of its shares.Conn's, Inc. (NasdaqGS:CONN) announces a share repurchase program. Under the program, the company will repurchase up to $150 million of its shares. The repurchases will be funded from available corporate funds, including cash on hand and future cash flow, as well as from drawing on its revolving credit facility. The program will expire on December 14, 2022.
Valuation Update With 7 Day Price Move • Dec 14Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €16.60, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total loss to shareholders of 5.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.86 per share.
Reported Earnings • Dec 08Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: US$0.62 (up from US$0.26 in 3Q 2021). Revenue: US$405.5m (up 21% from 3Q 2021). Net income: US$18.2m (up 146% from 3Q 2021). Profit margin: 4.5% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.8%. Over the next year, revenue is forecast to grow 9.1%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Sep 09Executive Chairman recently sold €318k worth of stockOn the 7th of September, Norman Miller sold around 15k shares on-market at roughly €21.12 per share. In the last 3 months, there was an even bigger sale from another insider worth €419k. This was Norman's only on-market trade for the last 12 months.
Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS US$1.26 (vs US$0.71 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$412.0m (up 13% from 2Q 2021). Net income: US$37.0m (up 80% from 2Q 2021). Profit margin: 9.0% (up from 5.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to US$18.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Specialty Retail industry in Europe. Total loss to shareholders of 42% over the past three years.
Recent Insider Transactions • Jul 15Insider recently sold €104k worth of stockOn the 9th of July, Wilton Stephens sold around 5k shares on-market at roughly €21.56 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.6m. Insiders have been net sellers, collectively disposing of €7.0m more than they bought in the last 12 months.
Recent Insider Transactions • Jun 10Insider recently sold €1.6m worth of stockOn the 8th of June, Harriet Stephens sold around 66k shares on-market at roughly €24.05 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.8m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 23% share price gain to US$24.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Specialty Retail industry in Europe. Total loss to shareholders of 21% over the past three years.
Reported Earnings • Jun 05First quarter 2022 earnings released: EPS US$1.55 (vs US$1.95 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$363.7m (up 15% from 1Q 2021). Net income: US$45.4m (up US$101.6m from 1Q 2021). Profit margin: 13% (up from net loss in 1Q 2021). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions • Apr 08Insider recently sold €354k worth of stockOn the 1st of April, Curtis Bradbury sold around 20k shares on-market at roughly €17.70 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €464k more than they bought in the last 12 months.
Reported Earnings • Apr 01Full year 2021 earnings released: US$0.11 loss per share (vs US$1.85 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: US$1.39b (down 10% from FY 2020). Net loss: US$3.14m (down 106% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Mar 12New 90-day high: €13.70The company is up 47% from its price of €9.35 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €326 per share.
お知らせ • Jan 24Conn's, Inc. Announces Executive ChangesOn January 19, 2021, Conn’s, Inc. announced the departure of Lee Wright, Chief Operating Officer and Executive Vice President, effective February 19, 2021. Norm Miller, the Company’s Chief Executive Officer, will assume the duties of the COO role and the COO position will be eliminated.
