-
Conn's narrows loss in Q3
Beaumont, Texas -- Consumer electronics chain Conn's reported Thursday that it narrowed its loss for the quarter ended Oct. 31 to $5.1 million, compared with a $14.4 million loss a year earlier.
Revenue fell 14% to $169.9 million, from $197.5 million. Analysts expected revenue of $167.1 million.
Same-store sales fell 16.3% during the quarter. -
Retailers post strong November sales, apparel a top-performer
New York City -- Retailers nearly across the board reported a strong start to the holiday season as their November sales were enhanced by aggressive discounting that started early in the month. Same-store sales rose 6% in November, above the estimated growth of 3.6% and the year-ago gain of 0.6%, according to 27 retailers tracked by Thomson Reuters.