TheStreet

Fourth-quarter results from Conn's  (CONN - Get Report)  initially sparked a selloff in the stock but shares turned slightly higher by midday Tuesday.

The home goods retailer dropped 5.6% in after-hours trading Monday after missing fiscal fourth-quarter revenue estimates. Shares reached a low of $21.32 before trading at its current price of $23.88, up 0.13% on Tuesday.

Conn's reported revenue of $433 million, lower than analysts' expectations of $438 million, and quarterly adjusted earnings of 96 cents a share, which surpassed estimates of 76 cents, according to the company's SEC filling.

Revenue for consumer electronics rose 11.7% to $91 million. Furniture and mattress sales declined from last year.

The company said it expects same-store sales in the fiscal first quarter down between -1% and -5%.

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