hhgregg (HGG) Reports Mixed Q1 Earnings; Reaffirms FY09 Guidance
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hhgregg, Inc. (NYSE: HGG) reports Q1 EPS of $0.06, 3 cents lower than the analyst estimate of $0.09. Revenues for the quarter were $295.42 million, versus the consensus of $291.14 million.
Reaffirms its sales and EPS guidance for FY09: sales are expected to grow 19-21% and EPS are expected to be $1.13-$1.20, versus the consensus of $1.15.
hhgregg, Inc. operates as a specialty retailer of consumer electronics, home appliances, mattresses, and related services operating under the names hhgregg and Fine Lines.
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