Last €6.75 EUR
Change Today +0.246 / 3.78%
Volume 0.0
31H On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 2:08 AM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

hhgregg inc (31H) Snapshot

Open
€6.80
Previous Close
€6.51
Day High
€6.80
Day Low
€6.75
52 Week High
09/20/13 - €15.06
52 Week Low
02/6/14 - €5.28
Market Cap
192.1M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
28.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HHGREGG INC (31H)

hhgregg inc (31H) Related Businessweek News

View More BusinessWeek News

hhgregg inc (31H) Details

hhgregg, Inc., together with its subsidiaries, operates as a specialty retailer of home appliances, televisions, computers, tablets, consumer electronics, home furniture, mattresses, fitness equipment, and related services under the hhgregg name. The company offers home appliances, including refrigerators, cooking ranges, dishwashers, freezers, washers, and dryers; consumer electronics products, such as LED televisions, audio systems, cameras, and Blu-ray players; and computing and wireless products comprising notebook computers, computer accessories, tablets and mobile phones, as well as bedding and audio products. As of July 9, 2014, it operated 229 brick-and-mortar stores in 20 states of the United States. The company is headquartered in Indianapolis, Indiana.

5,124 Employees
Last Reported Date: 05/20/14

hhgregg inc (31H) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $657.2K
Interim Chief Financial Officer, Principal Ac...
Total Annual Compensation: $224.9K
Chief Merchandising Officer
Total Annual Compensation: $315.0K
Chief Information Officer
Total Annual Compensation: $260.0K
Chief Human Resources Officer
Total Annual Compensation: $260.8K
Compensation as of Fiscal Year 2014.

hhgregg inc (31H) Key Developments

hhgregg Announces Opening of a New Store at Northgate Mall in Cincinnati

hhgregg announced the opening of a new location in Cincinnati's Northgate Mall (9501 Colerain Avenue). The store, which opens to the public on July 10, 2014 will provide customers more convenient access to hhgregg's product selection, superior customer service and trained sales associates.

hhgregg Announces Grand Opening of its New Store in Kendall, Fla

hhgregg announced the grand opening of its new store in Kendall, Fla. Opening to the public on June 12, the store is located at the Shops of Kendall at 12690 SW 88th Street. The Kendall store, a 23,000 square foot location employing more than 40 associates, will provide customers with high-quality product selection, superior customer service and knowledgeable sales associates. To celebrate the store's grand opening, hhgregg will hold a Grand Opening Sale June 12 -21 at all Miami area locations.

hhgregg, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2014; Provides Earnings Guidance for the Fiscal Year 2015; Announces Asset Impairment Charges for the Quarter Ended March 31, 2014

hhgregg, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended March 31, 2014. For the quarter, the company reported net sales of $538.28 million compared to $597.63 million a year ago. Loss from operations was $11.32 million compared to income from operations of $16.90 million a year ago. Loss before income taxes was $11.93 million compared to before income taxes of $16.25 million a year ago. Net loss was $7.24 million or $0.25 per basic and diluted share compared to net income of $9.92 million or $0.31 per basic and diluted share a year ago. Comparable store sales decreased 9.9% compared to 2.6% a year ago. The decrease in adjusted net income was primarily the result of a comparable store sales decrease of 9.9%, a decrease in gross profit as a percentage of net sales, and an increase in net advertising expense and SG&A as a percentage of net sales. The decreases in Net Sales were primarily attributable to the reduced customer traffic as a reaction to extreme weather during the quarter. The decrease in comparable store sales for the quarter was driven by a decrease in comparable store sales in consumer electronics, computing and wireless, and home products categories, partially offset by an increase in the appliance category. Sales fell 9.9% from the year-ago quarter due to lower store traffic and lower comps in CE, computing and wireless and home products. For the full year, the company reported net sales of $2,338.57 compared to $2,474.76 a year ago. Income from operations was $2.68 million compared to income from operations of $43.76 million a year ago. Income before income taxes was $222,000 compared to before income taxes of $41.42 million a year ago. Net income was $228,000 or $0.01 per basic and diluted share compared to net income of $25.37 million or $0.74 per basic and diluted share a year ago. Net cash provided by operating activities was $82.65 million compared to $66.05 million a year ago. Purchases of property and equipment were $22.26 million compared to $54.02 million a year ago. Comparable store sales decreased 5.5% compared to 0.7% a year ago. The results for the twelve month period ended March 31, 2013 include approximately a $0.5 million ($0.3 million after-tax) charge related to the impairment for one store. Net income, as adjusted for these items was $2.8 million or $0.09 per diluted share compared to $25.7 million, or $0.74 per diluted share for the comparable prior year period. The decrease in adjusted net income as compared to the prior year period was largely due to a comparable store sales decrease of 7.3% and a decrease in the gross margin rate. The decrease in Net Sales were attributable to a comparable store sales decrease of 7.3%. For fiscal 2015, the company expects annual comparable store sales to be between negative low single digits to flat, with the first half of the fiscal year below this expectation and the second half of the fiscal year above this expectation. In addition, the company expects net income per diluted share to be higher than fiscal 2014 net income per diluted share, as adjusted. Capital expenditures are expected to be in the range of $20 million to $23 million. The company recorded asset impairment charges of $303,000 for the quarter ended March 31, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
31H:GR €6.75 EUR +0.246

31H Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Aaron's Inc $33.12 USD -2.06
Best Buy Co Inc $29.89 USD -0.60
Conn's Inc $44.45 USD -1.62
Sears Holdings Corp $38.93 USD +0.58
Sears Hometown and Outlet Stores Inc $20.05 USD -0.02
View Industry Companies
 

Industry Analysis

31H

Industry Average

Valuation 31H Industry Range
Price/Earnings 100.0x
Price/Sales 0.1x
Price/Book 0.8x
Price/Cash Flow 6.0x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HHGREGG INC, please visit www.hhgregg.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.