hhgregg (HGG) Tops Q1 EPS by 3c; Comps Fell 6.3%

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Go back to hhgregg (HGG) Tops Q1 EPS by 3c; Comps Fell 6.3%

hhgregg Announces First Fiscal Quarter Operating Results

August 6, 2015 7:00 AM EDT

INDIANAPOLIS--(BUSINESS WIRE)-- hhgregg, Inc. (NYSE: HGG) today announced operating results for the first quarter ended June 30, 2015 as compared to the first quarter ended June 30, 2014.

First Quarter Summary

Net sales decreased 6.6% to $441.1 million compared to prior year first quarter Comparable store sales decreased 6.3% compared to the prior year first quarter. This was a 370 basis point sequential improvement compared to the comparable stores sales decrease of 10.0% in the fourth quarter of fiscal 2015. 25.5% increase in... More