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Stock Market & Financial Investment News

News Breaks
July 31, 2014
07:15 EDTHGGh.h. gregg reports Q1 EPS (36c), consensus (16c)
Reports Q1 revenue $472.3M, consensus $490.48M. Reports Q1 SSS down 10.2%. Dennis May, President and CEO commented, “While we expected the first quarter to be challenging given the difficult comparison to the prior year, we are not satisfied with our recent results. We recognize the importance of balancing near-term results with long-term investments to transform the business. Therefore we will continue to invest in our strategic initiatives to reposition the business around a broader assortment of home products. While we are making progress in many areas, we have opportunities for improvement in others. We have adjusted our advertising strategy to be more balanced, focusing more on traffic driving promotions versus the branding focused advertising that we did in the first quarter. We are also making adjustments to the video and appliance categories and refocusing our broader efforts on driving traffic to our stores and website."
News For HGG From The Last 14 Days
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May 29, 2015
10:24 EDTHGGBML Investment Partners reports 5.5% passive stake in hhgregg
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May 18, 2015
10:01 EDTHGGOn The Fly: Analyst Downgrade Summary
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06:10 EDTHGGhhgregg downgraded to Sell from Neutral at UBS
UBS downgraded hhgregg to Sell citing a weak long-term outlook and risk of customer traffic loss from the retailer's plans to reduce costs. UBS cut its price target for shares to $4 from $6.
May 15, 2015
16:17 EDTHGGOn The Fly: Top stock stories for Friday
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10:13 EDTHGGHigh option volume stocks
High option volume stocks: POST SFM GSVC HGG HUN PH JWN CAR ONTY LBTYA
07:01 EDTHGGh.h. gregg says did not repurchase any shares in Q4
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07:01 EDTHGGh.h. gregg reports Q4 adjusted EPS (47c), consensus (24c)
Reports Q4 revenue $485.6M, consensus $515.39M. Reports Q4 SSS down 10%.

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