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Conn's narrows loss in Q3

12/2/2010

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.

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