After Tightening Lending, Are Conn’s Operations on The Up?

February 10, 2015 • Free, Top News • Tags:

Conn’s (NASDAQ:CONN), a specialty retailer of appliances, furniture, home office products and electronics that also provides in house financing, spiked over 20% on Feb 5th. The bullish sentiment continued this week with analyst upgrades after the company released surprising January data. Given the company’s fragile performance, investors may be jumping the gun on a Conn becoming a potential turnaround.

The Rewards & Risks of Subprime Lending

Conn’s roller coaster like trajectory is a cautionary tale to other furniture firms. The company had experienced tech-startup like growth from 2011 to 2013 resulting in share price appreciating close to 1500% due to high same store sales growth and alluring margins. However, the main engine for this growth was an in-house financing prog...

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