hhgregg (HGG) Tops Q3 EPS by 2c

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hhgregg Announces Third Fiscal Quarter Operating Results

January 28, 2016 7:00 AM EST

INDIANAPOLIS--(BUSINESS WIRE)-- hhgregg, Inc. (NYSE: HGG) ("hhgregg" or the "Company") today announced operating results for the third quarter ended December 31, 2015 as compared to the third quarter ended December 31, 2014.

Third Quarter Summary

Net sales decreased 10.9% to $593 million compared to prior year third quarter. Comparable store sales decreased 10.8% compared to the prior year third quarter. Gross margin decreased to 26.1% compared to 27.0% in the prior year third quarter... More