hhgregg Announces Fourth Fiscal Quarter and Full Year Operating Results

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Piper Jaffray Remains Neutral on hhgregg (HGG) Following a 24c EPS Miss

May 18, 2015 7:21 AM EDT

Piper Jaffray remains Neutral with a price target of $5.00 on hhgregg (NYSE: HGG) following Q4. Analyst Peter Keith said that the results were disappointing, but expense reductions should help. HGG reported an adjusted EPS of ($0.47), which came in well below consensus of ($0.24) and Piper Jaffray... More

hhgregg (HGG) Still Lacks Competitive 'Heft'; SunTrust Trims PT to $6 Following Q4 Report

May 15, 2015 1:59 PM EDT

SunTrust Robinson Humphrey affirms hhgregg (NYSE: HGG) at Neutral and moves its price target from $6.50 down to $6 following the retailer's Q4 report earlier Friday morning.

Analyst David Magee noted that hhgreggs 4Q adjusted earnings loss of $0.47 per share represents yet another quarter of underperformance, and, while... More

hhgregg (HGG) Posts Q4 Loss of 47c/Share

May 15, 2015 7:01 AM EDT

hhgregg (NYSE: HGG) reported Q4 EPS of ($0.47), $0.23 worse than the analyst estimate of ($0.24). Revenue for the quarter came in at $485.6 million versus the consensus estimate of $515.4 million.

Comps fell 10 percent.

Dennis May, President and Chief Executive Officer, commented, Our fourth quarter results were challenging, however, I am pleased with the significant progress we have made on our transformational efforts. Our... More