Wednesday, November 9, 2016
Hhgregg reports Q2 loss; closes five stores
Consumer electronics and appliance retailer Hhgregg came up short in its second quarter.
It also exited the Wisconsin market.
Net sales fell 6.6% to $454.5 million. Same-store sales were down 6.4%. Appliance same-store sales increased 5.7%. Online sales were a bright spot, up 35.5% over the year-ago period.. . .
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