Conn’s Inc. reported that it earned $7.7 million in the quarter ended Jan. 31, compared with a loss of $3.6 million in the year-ago period.
Conn’s announced that it plans to close five underperforming stores during January 2012.
Ron Eigenbrod, founder & CEO of Lightstat Inc., Pleasant Valley, Conn., died suddenly at his New Hartford home on Christmas Eve of a heart attack.
Conn’s Inc. reported Thursday that losses in the third quarter widened to $12.7 million from $4.8 million a year ago.
Conn’s announced that it completed a $20 million expansion, to $450 million, of its revolving credit facility, which expires in July 2015.