But those who followed the path Best Buy took three years ago will see parallels between how that company removed itself from its mess and how hhgregg is doing so today. Considering the huge returns to Best Buy's stock (shares were up …
One stock that might be an intriguing choice for investors right now is hhgregg, Inc. (HGG). This is because this security in the Retail- Consumer Electronics space is seeing solid earnings estimate revision activity, and is in great company …
On Thursday, retailer hhgreg (HGG) reported lower quarterly earnings and cut its profit outlook for the year, sending HGG stock tumbling more than 14% in morning trading. HGG stock fell after the company posted an adjusted profit of $5.2 …
Purchase volume growth was 7%, adjusted to exclude the impact of the hhgregg bankruptcy, and a 5% rise in average ... the company paid a quarterly common stock dividend of 15 cents per share and bought back $410 million of Synchrony …
Best Buy Co. Inc. (NYSE: BBY) has a market cap of more than $13.5 billion. hhgregg Inc. (NYSE: HGG) has a market cap of just about $390 million. Both are in the same business, and the smaller one is leading the larger one lower after …
Circuit City is barely a year dead, but hhgregg has stepped into essentially the same business in many of the same stores. Public stock investors have fronted millions. Hundreds of people are being hired to renovate vacant stores and …
Stifel Nicolaus downgraded the company’s stock to “hold” from “buy” and at least six other brokerages cut price targets. Hhgregg shares were down 37 percent at $7.11 in midday trade, after hitting a 40-month low of $7.06 earlier. The stock …
Appliances are Hhgregg's focus, said Jeff Pearson, Hhgregg vice president of marketing. Each store has more than 300 appliances in stock, which is more, Mr. Pearson said, than competitors and home stores. Best Buy's focus is more on …
In 2007 it began trading publicly on the New York Stock Exchange as HHG. Today, HHGregg has 208 stores in states ranging from Illinois to Florida and the East Coast. The company promises knowledgeable, commissioned sales people …
But executives at hhgregg say that because their employees work on commission, “they are more driven to assist customers, provide useful information and build relationships with customers over time,” per ... of the company’s stock, …