Conn's, Inc. Reports Results for the Quarter Ended July 31, 2010.

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Conn's, Inc. Reports Results for the Quarter Ended July 31, 2010.

BEAUMONT, Texas -- Conn's, Inc. (NASDAQ/NM: CONN), a specialty retailer of consumer electronics, home appliances, furniture, mattresses, computers and lawn and garden products today announced its operating results for the quarter ended July 31, 2010.

Significant items for the quarter include:

* Total revenues were $213.7 million, down 7.3% from the same period in the prior fiscal year;

* Retail gross margin increased to 25.4% for the quarter, as compared to 23.6% for the same period in the prior fiscal year;

* Retail segment income before income taxes increased $3.2 million for the quarter, as compared to the same quarter in the prior fiscal year, to $3.3 million;

* Credit portfolio annualized net charge-off rate increased to 4.7%, as compared to 3.4% for the same period in the ...

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