conns inc reported tuesday that its profit shrank significantly in the second quarter while revenue and earnings missed analysts expectations the retailer of furniture and mattresses home appliances consumer electronics and homeoffice products posted net income of 21 million or nine cents a share for the three months ended july 31 compared with 37 million or 122 a share a year earlier stripping out onetime items adjusted earnings were four cents a share analysts surveyed by factset had expected nine cents a share revenue fell 171 to 3466 million missing analysts expectations of 370 million according to factset samestore sales which strip out the effects of store openings and closings declined 22 while ecommerce sales rose 115 the company said chief executive chandra holt said challenging macroeconomic conditions put pressure on consumer spending during the quarter that disproportionately affected yearoveryear sales comparisons for its financial access customer segment and discretionary product categories