hhgregg (HGG) Reports Q3 Loss Per Share of $1.70

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hhgregg Announces Third Fiscal Quarter Operating Results

January 26, 2017 7:00 AM EST

INDIANAPOLIS--(BUSINESS WIRE)-- hhgregg, Inc. (NYSE: HGG) ("hhgregg" or the "Company") today announced operating results for the third fiscal quarter ended December 31, 2016.

Third Fiscal Quarter Summary

Net sales decreased 23.7% to $453 million compared to prior year third fiscal quarter. Comparable store sales decreased 22.2% compared to the prior year third fiscal quarter. Consumer electronics and distribution center consolidations were the primary drivers of the comparable store sales decrease.... More