Conn’s shares rise on strong 1st quarter

Published June 2, 2014 3:44pm ET



THE WOODLANDS, Texas (AP) — Shares of Conn’s Inc. rose Monday after the retailer said its first-quarter net income rose 28 percent on higher demand for furniture and mattresses. Its results topped analysts’ expectations.

Conn’s, which is based in The Woodlands, Texas, sells couches, TVs and refrigerators at its 80 stores around the country. It also provides credit to customers who need it to purchase items.

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