hhgregg, Inc (HGG) Expects Q1 adh.-Loss; Comps Fell 9.9%

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hhgregg (HGG) Numbers Cut at Jefferies Following Warning

April 16, 2014 7:22 AM EDT

Jefferies analyst Daniel Binder cut estimates and his price target on Hold-rated hhgregg (NYSE: HGG) from $9 to $8 following the company's negative pre-announcement.

Binder comments, "Q4 EPS was preannounced to be substantially below prior guidance and both our and the Streets... More

Best Buy (BBY) on Watch Following hhgregg (HGG) Warning

April 15, 2014 8:09 AM EDT

Best Buy Co., Inc. (NYSE: BBY) is on watch Tuesday after one notable peer issued a Q1 results warning.

Ahead of the bell, hhgregg (NYSE: HGG) said it sees revs of $538.3 million and an adjusted loss of $.17 per... More