AI Spotlight on CONN
Company Description
Conn's, Inc.operates as a specialty retailer of durable consumer goods and related services in the United States.It operates through two segments, Retail and Credit.
The company's stores offer furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as flat and other mattresses; and home appliances, such as refrigerators, freezers, washers, dryers, dishwashers, and ranges.Its stores also provide consumer electronics comprising LED, OLED, QLED, 4K Ultra HD, 8K televisions, gaming products, video game consoles, and home theater and portable audio equipment; and home office products, including computers, tablets, monitors, and accessories.In addition, the company offers short- and medium-term financing to its retail customers; and product support services, which comprise next-day delivery and installation services, credit insurance products, product repair services, and repair service agreements.
As of July 27, 2022, it operated approximately 160 retail locations in Alabama, Arizona, Colorado, Florida, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virginia.Conn's, Inc.was founded in 1890 and is headquartered in The Woodlands, Texas.
Market Data
Last Price | 0.1 |
Change Percentage | -46.40% |
Open | 0.12 |
Previous Close | 0.18 |
Market Cap ( Millions) | 2 |
Volume | 2348765 |
Year High | 5.19 |
Year Low | 0.1 |
M A 50 | 1.67 |
M A 200 | 3.23 |
Financial Ratios
FCF Yield | -4625.19% |
Dividend Yield | 0.00% |
ROE | -9.38% |
Debt / Equity | 198.01% |
Net Debt / EBIDTA | -3784.21% |
Price To Book | 0.0 |
Price Earnings Ratio | -0.06 |
Price To FCF | -0.02 |
Price To sales | 0.0 |
EV / EBITDA | -37.9 |
News
- Aug -19 - Conns Inc Shareholders With Losses Over $100,000 Encouraged To Contact The Schall Law Firm About Securities Fraud Investigation
- Aug -18 - The Schall Law Firm Urges Conns Inc Investors With Losses Over $100,000 To Contact The Firm
- Aug -17 - The Schall Law Firm Seeks Conns Inc Stockholders With Losses Over $100,000 To Reach Out To The Firm
- Aug -16 - The Schall Law Firm Encourages Conns Inc Investors With Losses Over $100,000 To Contact The Firm
- Aug -15 - The Schall Law Firm Seeks Conns Inc Investors With Losses Over $100,000 To Reach Out To The Firm
- Aug -15 - Conn's, Inc. (CONN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
- Aug -15 - The Schall Law Firm Encourages Conns Inc Investors With Losses Over $100,000 To Reach Out To The Firm
- Aug -14 - Conn's, Inc. (CONN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
- Aug -14 - Conns Inc Investors With Losses Over $100,000 Are Encouraged By The Schall Law Firm To Get In Touch
- Aug -13 - Conn's, Inc. (CONN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
- Aug -13 - Conn's, Inc. (CONN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
- Aug -13 - The Schall Law Firm Urges Conns Inc Investors With Losses Exceeding $100,000 To Contact The Firm
- Aug -12 - Conn's, Inc. (CONN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
- Aug -11 - Conn's, Inc. (CONN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
- Aug -11 - Conn's, Inc. (CONN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
- Aug -10 - The Schall Law Firm Encourages Conns Inc Investors With Losses Over $100,000 To Reach Out To The Firm
- Aug -09 - Conn's, Inc. (CONN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
- Aug -09 - The Schall Law Firm Urges Conns Inc Investors With Losses Exceeding $100,000 To Contact The Firm
- Aug -08 - Conn's, Inc. (CONN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
- Aug -08 - The Schall Law Firm Urges Conns Inc Investors With Losses Exceeding $100,000 To Contact The Firm
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Retail
Expected Growth : 3.5 %
What the company do ?
Conn's Retail is a US-based retailer offering consumer electronics, furniture, mattresses, and appliances through its brick-and-mortar and online stores.
Why we expect these perspectives ?
Conn's, Inc. retail segment growth of 3.5% is driven by increasing consumer spending on electronics and furniture, expansion into new markets, and strategic partnerships to enhance product offerings. Additionally, the company's focus on providing affordable payment options and superior customer service has contributed to its growth momentum.
Segment nΒ°2 -> Credit
Expected Growth : 2.5 %
What the company do ?
Credit from Conn's, Inc. is a financing option for customers to purchase products with flexible payment plans and competitive interest rates.
Why we expect these perspectives ?
Conn's, Inc. credit growth of 2.5% is driven by increasing consumer spending, expansion into new markets, and strategic partnerships. Additionally, the company's focus on providing affordable financing options and its ability to effectively manage risk have contributed to its growth. Furthermore, the rise of online shopping and the need for financing options for big-ticket items have also fueled the growth of Conn's credit segment.
Segment nΒ°3 -> Eliminations
Expected Growth : 0.0 %
What the company do ?
Eliminations from Conn's, Inc. refers to the removal of intercompany transactions and balances between Conn's, Inc. and its subsidiaries, ensuring accurate financial reporting.
Why we expect these perspectives ?
Conn's, Inc. exhibits stagnant growth with 0.0% eliminations, driven by flat sales, lack of innovation, and intense competition in the retail industry. Additionally, high operating expenses, inefficient supply chain management, and failure to adapt to changing consumer preferences contribute to the stagnant growth.
Conn'S, Inc. Products
Product Range | What is it ? |
---|---|
Furniture | Conn's, Inc. offers a wide range of furniture products, including sofas, loveseats, chairs, tables, desks, beds, mattresses, and more from top brands. |
Appliances | Conn's sells a variety of appliances, including refrigerators, ovens, dishwashers, washing machines, dryers, and more from leading brands like Samsung, LG, and Whirlpool. |
Consumer Electronics | Conn's offers a range of consumer electronics, including TVs, soundbars, headphones, smartphones, laptops, tablets, and gaming consoles from top brands like Sony, Samsung, and Apple. |
Home Office | Conn's sells a variety of home office products, including computers, printers, software, and office furniture from brands like HP, Dell, and Microsoft. |
Fitness and Wellness | Conn's offers a range of fitness and wellness products, including treadmills, ellipticals, exercise bikes, and fitness trackers from brands like ProForm and NordicTrack. |
Heating and Cooling | Conn's sells a variety of heating and cooling products, including HVAC systems, air conditioners, and heaters from brands like Trane and Carrier. |
Credit Services | Conn's offers credit services, including financing options and credit cards, to help customers afford the products they need. |
Conn's, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Conn's, Inc. is medium due to the presence of alternative products and services in the market. While Conn's offers a unique value proposition, customers may still opt for substitutes, which could impact the company's sales and revenue.
Bargaining Power Of Customers
The bargaining power of customers is high due to the availability of alternative products and services in the market. Customers have the power to negotiate prices and demand better services, which could impact Conn's pricing strategy and revenue.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low due to the company's strong relationships with its suppliers and the availability of alternative suppliers in the market. This gives Conn's the upper hand in negotiating prices and terms.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the industry, including the need for significant capital investment and regulatory approvals. This makes it difficult for new companies to enter the market and compete with established players like Conn's.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the market, including Best Buy, Walmart, and others. This leads to intense competition for market share, pricing, and customer loyalty.
Capital Structure
Value | |
---|---|
Debt Weight | 68.33% |
Debt Cost | 5.95% |
Equity Weight | 31.67% |
Equity Cost | 15.73% |
WACC | 9.05% |
Leverage | 215.78% |
Conn's, Inc. : Quality Control
Conn's, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
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