twice connect
careers

Conn's December Sales Up 15%

1/05/2009 10:41:00 AM Eastern

Beaumont, Texas — Bucking the otherwise dismal holiday selling season, Conn’s reported a 15 percent increase in sales of products and extended warranties in December.

The gain, based on preliminary estimates, resulted in the largest monthly sales volume in the company's history.

Same-store sales were up 5 percent for the multiregional CE and majap dealer on strong growth in electronics, furniture and appliances. Sales of appliances were essentially flat.

The December increases follow a previously reported 23 percent spike in November net sales and a same-store gain of 12 percent.

The NATM dealer does not typically report monthly sales results, but said it released the preliminary sales figures “due to the continuing turmoil in the economy in general and specifically in light of current retail market conditions.”

Other publicly traded retail chains, including Best Buy, are expected to report their results later this week.

Conn's currently operates 76 stores in Texas, Louisiana and Oklahoma.

PHOTOS
ProSource Meeting Filled With Optimism

San Antonio — Optimism reigned at ProSource’s

Ingram Draws 500 To Spring Vendor Expo

Scottsdale, Ariz. — Ingram Micro Consumer

CEA Holds ’14 Digital Patriots Dinner

Washington — CEA held its annual Digital

8 Technology Accessories For a Greener Earth

An Earth Day review of Earth-friendly products, by

BrandSource Shows Diverse Product Selection

BrandSource’s Summit show at the Marriott World

Scenes From Toy Fair

By Lisa Johnston

ADL Honors Morales, Bilas, Paull, Weedfald At Annual Dinner

New York — The Anti-Defamation League’s