hhgregg (HGG) Reports In-Line Q4 Results; Guides FY10

June 2, 2009 8:08 AM EDT

hhgregg, Inc. (NYSE: HGG) reports Q4 EPS of $0.42, 1 cent better than the analyst estimate of $0.41. Revenue for the quarter was $364.9 million, versus the consensus of $364.79 million.

Same store sales fell 6.5% during the quarter.

Based on projected net sales growth of 3-7% for FY10, hhgregg sees EPS in the range of $0.85-$1.00. The Street is currently expecting FY10 EPS of $1.09.

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