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Conn's higher following earnings

  • Shares of Conn's (CONN +3.6%) ramp higher after the company grew same-store sales by 33.4% in FQ4.
  • A changing product mix helped the retailer boost gross margins by 370 bps to 40.6%.
  • Analysts have been keeping an eye on the percentage of delinquent loans at Conn's. At the end of quarter, the mark stood at 8.8%.
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