Conn's 1Q profit rises 8.7 pct

BEAUMONT, Texas -- The retailer Conn's Inc. said Thursday that its first-quarter profit climbed 8.7 percent, thanks to stronger sales of its electronics and mattresses.

The company also reaffirmed its full-year guidance.

For the three months ended April 30, the retailer earned $11.5 million, or 51 cents per share, up from $10.6 million, or 47 cents per share, a year ago.

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