CONNQ (Conn's) Gross Profit: $608 Mil (TTM As of Jan. 2024)

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CONNQ Conn's Inc CONNQ
16 GF Score
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What is Conn's Gross Profit?

Conn's CONNQ 16 Gross Profit is $608 Mil as of Jan. 2024. GuruFocus rates CONNQ with a GF Score™ of 16/100.

Conn's's gross profit for the three months ended in Jan. 2024 was $185 Mil. Conn's's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $608 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Conn's's gross profit for the three months ended in Jan. 2024 was $185 Mil. Conn's's Revenue for the three months ended in Jan. 2024 was $366 Mil. Therefore, Conn's's Gross Margin % for the quarter that ended in Jan. 2024 was 50.45%.

Conn's had a gross margin of 50.45% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Conn's  (OTCPK:CONNQ) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Conn's had a gross margin of 50.45% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Conn's Gross Profit Related Terms


Conn's Gross Profit Historical Data

* Premium members only.

The historical data trend for Conn's's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Conn's Gross Profit Chart

Conn's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 845.90 717.71 764.04 632.29 608.00

Conn's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 155.58 136.64 152.92 133.77 184.67

CONNQ vs ZKGCF, ORLY, AZO: Gross Profit Comparison

For the Specialty Retail subindustry, Conn's's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Conn's Gross Profit vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Conn's's Gross Profit distribution charts can be found below:

* The bar in red indicates where Conn's's Gross Profit falls into.


CONNQ
16GF Score
Conn's Inc CONNQ
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Conn's Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Conn's's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=1237.683 - 629.688
=608

Conn's's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=366.077 - 181.408
=185

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $608 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Conn's's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=185 / 366.077
=50.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $608 Mil mean?
Conn's (CONNQ) has a Gross Profit of $608 Mil as of Jan. 2024. Gross Profit equals net sales less total cost of goods sold. View historical data on Conn's and its competitors.
Is Conn's' Gross Profit too high?
Conn's' current Gross Profit is $608 Mil. Overall, Conn's has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Conn's' Gross Profit compare to ZKGCF and ORLY?
Conn's' Gross Profit of $608 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Retail - Cyclical company?
A good Gross Profit depends on the Retail - Cyclical industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Conn's and its competitors. Conn's's current Gross Profit is $608 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conn's stock overvalued right now?
Conn's (CONNQ) has a current Gross Profit of $608 Mil. The current Gross Profit is $608 Mil. Conn's' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Conn's (CONNQ), the current Gross Profit is $608 Mil as of Jan. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Conn's Business Description

Address 2445 Technology Forest Boulevard, Suite 800, The Woodlands, TX, USA, 77381
Conn's Inc is a us-based specialty retailer selling durable consumer goods and related services. The company operates through two segments: retail and credit. The retail segment sells furniture, home appliances, electronics, and more. The credit segment provides credit solutions for credit-constrained consumers. They focus on the us market and offer competitive prices, affordable payment options, and fast delivery and installation. Conn's Inc primarily focuses on the us market and generates its revenue from the retail segment. They offer customers the opportunity to compare prices across brands with confidence, along with affordable monthly payment options, fast delivery and installation in the majority of their markets, and product repair services.
16GF Score

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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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