NEW YORK (TheStreet) -- Shares of Conn's were gaining 14.9% to $20.72 Thursday after retailer reported sales data for the month of December. Conn's said that total retail sales increased 11.5% year over year to $132.4 million in December. Same store sales grew 7.5% for consumer electronics in the month, 7.5% for home appliances, and 3.8% for furniture and mattresses. Same store sales for the home office segment fell 26.4% in December, and 24.2% for "other." Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. "We experienced same store unit sales increases in the furniture and mattress and home appliance categories, while average selling price increases more than offset unit declines in consumer electronics and partially offset unit declines in home office," chairman and CEO Theodore M. Wright said in a statement. The retailer also reported a 60-plus day delinquency rate of 9.7%. TheStreet Ratings team rates CONN'S INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate CONN'S INC (CONN) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow." Highlights from the analysis by TheStreet Ratings Team goes as follows: CONN's revenue growth has slightly outpaced the industry average of 9.8%. Since the same quarter one year prior, revenues rose by 19.0%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share. The gross profit margin for CONN'S INC is rather high; currently it is at 52.43%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of -0.82% trails the industry average. The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. In comparison to the other companies in the Specialty Retail industry and the overall market, CONN'S INC's return on equity is significantly below that of the industry average and is below that of the S&P 500. The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Specialty Retail industry. The net income has significantly decreased by 112.6% when compared to the same quarter one year ago, falling from $24.38 million to -$3.06 million. You can view the full analysis from the report here: CONN Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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