Form 8-K hhgregg, Inc. For: Jul 31

Go back to Form 8-K hhgregg, Inc. For: Jul 31

hhgregg, Inc. (HGG) Posts Q1 GAAP Loss of 36c/Share; Comps Fell 10.2%

July 31, 2014 7:05 AM EDT

hhgregg, Inc. (NYSE: HGG) reported Q1 EPS of ($0.36), $0.20 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $472.3 million versus the consensus estimate of $490.5 million.

Comparable store sales decreased 10.2%.

2015 Outlook

Given our ongoing strategic initiatives to reposition the business around a broader assortment of home products as... More