Conn’s Q3 Sales Up 11.8%

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Beaumont, Texas — Conn’s, the 49-unit CE, majap, bedding and lawn and garden chain, said third-quarter sales rose 11.8 percent to $115.1 million for the three months ended Oct. 31.

Same store sales increased 1.5 percent for the period.

In a prepared statement, chairman/CEO Thomas Frank noted that “While our overall same store sales increase dropped to the lower single digit range, we continued to experience solid double digit increases at our total sales line. Our track, bedding and lawn and garden product categories continued to be significant contributors to our total product sales growth.”

Conn’s, a member of the NATM Buying Corp., defines track sales as sales of smaller electronic and appliance items and other take-with products that are sold inside a track located within the interior of each store.

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