Stocks in Motion: Conn's

Shares of Conn's(CONN Quote) were among the Nasdaq's winners Monday, rising 7% after the retailer said its results would not be hurt by Hurricane Rita.

As of Sunday, 50 of the company's 55 stores were operational. What's more, all of Conn's distribution centers and service facilities, with the exception of its Beaumont, Texas, location, were operational as well. The company expects all of its facilities to reopen once city services are restored.

Conn's said that sales in August, the first month of its fiscal third quarter, climbed 25% compared with a year ago. Same-store sales, meanwhile, climbed 12%. Through Sept. 24, sales were about $40 million for the month of September. The results for September were already above last year's results. "We expect that once all stores in the storm-affected area are fully operational, we will experience a positive sales impact resulting from the consequences of the storm," the company said. Shares were recently trading up $1.96 to $28.77. ...