Retail Financial Roundup


Rex Sales, Income Climb
Dayton, Ohio — Higher demand for LCD, DLP and plasma TVs, as well as increased major appliance sales in the fiscal first quarter at Rex Stores, lifted net sales 6 percent, reaching $89.7 million, up from $84.6 million in the year-ago period.

Conn’s Net Income Soars

Beaumont, Texas — A continuing focus on improving execution in merchandising, store operations, logistics, training and credit resulted in a 26.1 percent increase in net income at Conn’s during the retailer’s fiscal first quarter, hitting $9.8 million, up from a year-on-year $7.8 million.


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