Conn’s Recent Sales Trends Are Softer 
<p>Analysts at Oppenheimer provided their views on <a href='https://financialmodelingprep.com/financial-summary/CONE'>Conn's, Inc. (NASDAQ:CONE) </a>following their call with the management of the company, including CEO Chandra Holt.</p>
<p>The company’s recently reported Q4 results (Jan 2022) came in generally weaker than expected and highlighted softer trends to begin from the start of next year. Adjusted EPS declined 64% to $0.33, coming in below the consensus estimate of $0.46, due to weaker-than-expected total company comps of +6.2% and retail gross margin pressures (down 170 bps, to 35.8%).</p>
<p>During the call with Oppenheimer analysts, management pointed out that the underlying fundamental momentum remains intact at the company and weaker topline trends lately reflect primarily difficult, stimulus-fueled comparisons in early-2021. </p>
<p>While the analysts are not recommending the company, they mentioned they do recognize the valuation at which shares trade as decidedly depressed. Their Perform rating was maintained.</p>

NASDAQ:CONE