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.. . . more

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