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Last $5.58 USD
Change Today -0.09 / -1.59%
Volume 14.7K
HGG On Other Exchanges
New York
As of 1:38 PM 10/13/15 All times are local (Market data is delayed by at least 15 minutes).

hhgregg inc (HGG) Snapshot

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52 Week High
12/17/14 - $8.22
52 Week Low
06/29/15 - $3.17
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Current Stock Chart for HHGREGG INC (HGG)

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hhgregg inc (HGG) Details

hhgregg, Inc. operates as an appliance, consumer electronics, and furniture retailer. The company’s appliances products include generation refrigerators, cooking ranges, dishwashers, freezers, washers, and dryers; consumer electronics products comprise LED televisions, audio systems, cameras, and Blu-ray players; and home products includes furniture, mattresses, and other home products. It also provides computers and tablets. The company offers products under the hhgregg name. As of May 15, 2015, it operated 226 brick-and-mortar stores in 20 states of the United States. The company was founded in 1955 and is headquartered in Indianapolis, Indiana.

4,482 Employees
Last Reported Date: 05/15/15
Founded in 1955

hhgregg inc (HGG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $657.2K
Chief Financial Officer and Secretary
Total Annual Compensation: $315.4K
Chief Merchandising Officer
Total Annual Compensation: $75.0K
Chief Information Officer
Total Annual Compensation: $286.0K
Chief Human Resources Officer
Total Annual Compensation: $274.4K
Compensation as of Fiscal Year 2015.

hhgregg inc (HGG) Key Developments

hhgregg, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2015

hhgregg, Inc. reported unaudited consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net sales of $441,063,000 against $472,293,000 a year ago. Loss from operations was $8,170,000 against $13,949,000 a year ago. Loss before income taxes was $8,755,000 against $14,573,000 a year ago. Net loss was $8,755,000 or $0.32 per share basic and diluted against $10,269,000 or $0.36 per share basic and diluted a year ago. Net cash used in operating activities was $16,234,000 against $40,731,000 a year ago. Purchases of property and equipment were $4,304,000 against $4,430,000 a year ago. EBITDA was $199,000 against LBITDA of $3,474,000 a year ago. Comp store sales declined 6.3%, which was an improvement from the negative 10% they experienced in the fourth quarter of fiscal 2015. The decrease in comparable store sales for the quarter was driven primarily by decreases in appliances, consumer electronics, computers and tablets categories, offset slightly by an increase in the home products category. Excluding mobile and fitness, comp store sales declined 5.7% in the quarter. Excluding the $3.9 million of consulting fees incurred in the quarter, the company generated $4.1 million of EBITDA from operations.

hhgregg, Inc. Approves Amendments to its By-law

hhgregg, Inc. announced that at its AGM held on August 4, 2015, the shareholders approved proposal to amend the company's new by-laws as permitted under indiana state law and to approve the provision and the new articles of incorporation requiring action by stockholder written consent be unanimous as required under Indiana state law and the fifth order of business is to approve the elimination of the ability of the company's stockholders following the reincorporation.

hhgregg, Inc. - Shareholder/Analyst Call

To consider the annual general meeting


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