Last $15.42 USD
Change Today +0.26 / 1.72%
Volume 324.5K
HGG On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).

hhgregg inc (HGG) Snapshot

Open
$15.26
Previous Close
$15.16
Day High
$15.70
Day Low
$15.26
52 Week High
05/16/13 - $15.70
52 Week Low
10/26/12 - $5.84
Market Cap
514.5M
Average Volume 10 Days
269.8K
EPS TTM
$1.94
Shares Outstanding
33.4M
EX-Date
--
P/E TM
7.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for HHGREGG INC (HGG)

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hhgregg inc (HGG) Details

hhgregg, Inc., together with its subsidiaries, operates as a specialty retailer of home appliances, televisions, computers, consumer electronics, mattresses, and related services. The company offers video products, such as flat panel televisions, and Blu-ray and DVD players; appliances, including washers and dryers, refrigerators, cooking ranges, dishwashers, freezers, and air conditioners; computers, mobile phones, and tablets; and digital camcorders, digital cameras, gaming bundles, home theater receivers, mattresses, MP3 players, personal navigation products, speaker systems, and telephones. It also sells a suite of services, including third-party premium service plans, and third-party in-home service and repair of products, as well as delivery and installation, and in-home repair and maintenance. The company operates stores under the h.h.gregg and Fine Lines names. As of May 14, 2013, it operated 228 stores in Alabama, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, West Virginia, and Wisconsin. The company is headquartered in Indianapolis, Indiana.

5,695 Employees
Last Reported Date: 05/23/12

hhgregg inc (HGG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $486.0K
Chief Financial officer, Principal Accounting...
Total Annual Compensation: $289.2K
Chief Operating Officer, Executive Vice Presi...
Total Annual Compensation: $302.9K
Senior Vice President of Merchandising - Elec...
Total Annual Compensation: $271.2K
Chief Administrative Officer
Total Annual Compensation: $262.5K
Compensation as of Fiscal Year 2012.

hhgregg inc (HGG) Key Developments

hhgregg, Inc. to Open New Store Location at the Dayton Mall in Ohio

hhgregg, Inc. announced that it will open a new store at the Dayton Mall in Ohio on May 16, 2013. The new store, located at 2700 Miamisburg Centerville Road in Dayton, will replace h.h.gregg's older location at 240 Springboro Pike State Road 741 in West Carrollton. The new 23,000 square foot Dayton Mall store will provide local residents with a modern, updated shopping experience, and the same knowledgeable sales staff they trust to help them make the best purchase decisions.

hhgregg, Inc. and Gregg Appliances, Inc. Appoint Jeffery G. Haines as Chief Merchandising Officer

On March 4, 2013 the Boards of Directors of hhgregg, Inc. and Gregg Appliances, Inc. announced the appointment of Jeffery G. Haines as Chief Merchandising Officer. The company's merchandising departments will report to Mr. Haines. Mr. Haines will report directly to Dennis May, the company's CEO. Mr. Haines has over 30 years of retail experience, including merchandising and advertising.

hhgregg, Inc. Announces Sales Results for the Third Quarter and Nine Months Ended December 31, 2012

Hhgregg, Inc. announced sales results for the third quarter and nine months ended December 31, 2012. The company reported that comparable store sales of appliances were up 6.1% in the third quarter ended Dec. 31, 2012 compared to the third quarter of previous year. Appliances comps were up 6.8% in the first nine months. While appliances were up, video products dragged results down. The company would continue to shift its focus away from video products and increasingly to appliances and other large consumer home products. Comparable store sales for the third quarter were down overall, however, due to a third-quarter decrease in Video products of 24.6% and a decrease in the retailer's other product segment of 15.2%. The other product segment is made up of accessories, audio, fitness equipment, furniture, mattresses, and personal electronics. The retailer's fourth product category, computing and mobile phones, saw comps increase 16.2% in the third quarter. For nine months, the company reported total net sales the nine months ended Dec. 31, 2012, of $1,877,127,000, down slightly from $1,879,603,000 in the nine months ended Dec. 31, 2011. The company reported total net income for the most recent nine-month period of $15.4 million, down from $27.7 million in the previous nine months.

 

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Industry Analysis

HGG

Industry Average

Valuation HGG Industry Range
Price/Earnings 7.8x
Price/Sales 0.2x
Price/Book 1.4x
Price/Cash Flow 4.7x
TEV/Sales 0.2x
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