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Dropped products affect Conn’s Q2


The Woodlands, Texas – The decision to stop selling video game products, digital cameras, and certain tablets affected same-store sales at Conn’s Inc. during the second quarter and July fiscal 2016. However, Conn’s still reported total preliminary net retail sales of $325 million during the quarter, up 13% from the prior year period.

Same-store sales for the quarter rose 3.1%, but would have risen 6.7% without the impact of the dropped products. During July, total net retail sales climbed 13% from the same month a year earlier. Same-store sales grew 4%, but would have grown 8% without the impact of the dropped products.

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