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Stock Market & Financial Investment News

News Breaks
January 6, 2014
08:35 EDTHGGhhgregg volatility may move after lower FY guidance
hhgregg option implied volatility may pick up on 'materially below' FY guidance. Overall option implied volatility of 50 is above its 26-week average of 47 according to Track Data, suggesting large price movement.
News For HGG From The Last 14 Days
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April 23, 2014
08:24 EDTHGGAppliances may shift from tailwind to headwind this year, says Janney Capital
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April 15, 2014
12:00 EDTHGGh.h. gregg falls 11.8%
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11:41 EDTHGGElectronics retailers sink after hhgregg lowers outlook
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08:07 EDTHGGh.h. gregg sees FY14 adjusted EPS 9c, consensus 35c
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08:06 EDTHGGh.h. gregg sees Q4 adjusted EPS (17c), consensus 10c
The net loss includes approximately $4M of pre-tax expenses related to the expected write down of inventory for the planned exit from the contract-based mobile phone business and for the write-off of store fixtures associated with the company’s changing product mix. Sees Q4 net sales $538.3M, consensus $552.14M. Comparable store sales are estimated to have decreased approximately 9.9%, with the appliance category expected to have increased approximately 0.5%, the consumer electronic category expected to have decreased approximately 18.9%, the computing and wireless category expected to have decreased approximately 22.6%, and the home products category expected to have decreased approximately 0.4%.
08:04 EDTHGGh.h. gregg says to exit contract-based mobile phone business
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