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HHGregg
HHGregg's stock swoons after quarterly report disappoints
May 21, 2013
IBJ StaffThe Indianapolis-based retailer saw a big drop in earnings in its latest quarter on decreased sales, lower profit margins
and higher advertising expenses, it said Monday.
MoreHHGregg earnings sink on declining sales
May 20, 2013
IBJ StaffThe Indianapolis-based retailer saw a big drop in earnings in its latest quarter on decreased sales, lower profit margins
and higher advertising expenses.
MoreHHGregg throws lifeline to employees with underwater options
April 13, 2013
Greg AndrewsThe company this month filed papers gave option holders the right to exchange their current holdings for new options with
an exercise price set at the current market price.
MoreHHGregg manager sues over company's denial of bonuses
March 23, 2013
Scott OlsonDwain Underwood charges the retailer should have included in its bonus calculations a $40 million life insurance payout it
collected after executive chairman Jerry Throgmartin died last year.
MoreWith TV business ‘forever changed,’ HHGregg retools
March 16, 2013
Greg AndrewsCEO Dennis May said: "We see the HHGregg of the future as a home products store that also sells consumer electronics."
MoreHHGregg merchandising post turns over again
March 5, 2013
J.K. WallHHGregg Inc. on Tuesday hired its third chief merchandising officer in just over a year as the Indianapolis-based electronics
retailer continues to struggle to overcome plummeting sales of televisions.
MoreHHGregg profit falls on sinking same-store sales
January 31, 2013
Scott OlsonThe Indianapolis-based appliance and electronics retailer said profit fell 23 percent in its fiscal third quarter as slumping
demand for televisions caused same-store sales to drop.
MoreHHGregg ratchets back, but analysts still uneasy
January 19, 2013
Greg AndrewsHHGregg now has 228 stores in 20 states. So it has grown a great deal. But the “exceptional store economics” it
used to promote are gone, thanks largely to a breathtaking collapse in sales of flat-screen televisions.
MoreHHGregg shares tumble on profit warning
January 14, 2013
Cory SchoutenHHGregg shares fell 10 percent in early trading Monday after the Indianapolis-based appliance and electronics retailer slashed
its 2013 profit forecast almost 25 percent on a sharper-than-expected drop in television sales.
MoreSKARBECK: Value investors tempted by HHGregg valuations
January 12, 2013
Ken SkarbeckA fascinating case study can be found in the divergent fortunes of locally based HHGregg and Texas-based Conn’s Inc.
MoreExperts predict 20-percent growth in Cyber Monday shopping
November 26, 2012
IBJ Staff and Associated PressThis year's Cyber Monday could be the biggest online shopping day of the year for the third year in a row. Indianapolis-based
retailers The Finish Line and HHGregg are among those offering Cyber Monday specials.
MoreHHGregg adds furniture, exercise gear as TV sales fall
November 2, 2012
Cory SchoutenHHGregg Inc. is looking for ways to boost sales at its 224 stores in coming months as the homegrown company fights to offset
a huge drop in TV sales. The retailer reported a big decline in quarterly revenue Friday, but its shares soared nearly 19
percent.
MoreHHGregg shares slide as company abandons Michigan plans
September 26, 2012
Scott OlsonThe stock price of the Indianapolis-based appliance and electronics retailer fell by more than 18 percent this week after
the company disclosed that it is postponing plans to open stores in Michigan.
MoreHHGregg's new push: Selling treadmills alongside TVs
September 1, 2012
Greg AndrewsThe appliance and electronics retailer is quietly launching a test of furniture and fitness equipment, with rollouts scheduled
for 31 of its more than 200 stores.
MorePROXY CORNER: HHGregg Inc.
August 18, 2012
IBJ StaffIndianapolis-based HHGregg Inc is a retailer of consumer electronics and home appliances. It operates 212 stores in 17 states.
MoreHHGregg posts quarterly loss on poor TV sales, as expected
August 2, 2012
Scott OlsonDisappointing sales at stores open at least a year dragged Indianapolis-based HHGregg Inc. to a rare quarterly loss, the appliance
and electronics retail chain said on Thursday.
MoreHHGregg setbacks reflect deeper woes, some fear
July 21, 2012
Greg AndrewsRetailer's operating income is the same as five years ago, even though it has triple the number of stores.
MoreHHGregg shares plummet on new earnings forecast
July 11, 2012
IBJ Staff and Associated PressHHGregg Inc. shares plunged Wednesday after the Indianapolis-based appliance and electronics retailer said it expects to report
a wider first-quarter loss because of weak sales in its video business. It also cut its full-year outlook.
MoreLargest Indiana public companies mostly fared well in 2011
June 16, 2012
Performance varied widely as industries ebbed, flowed.
MoreHHGregg’s profit jumps on life-insurance payout
May 23, 2012
Scott OlsonThe Indianapolis-based appliance and electronics retailer on Wednesday reported fiscal quarterly profit of $53.6 million,
including $39.6 million from a life insurance policy the company took out on former executive chairman Jerry W. Throgmartin.
MoreBest Buy's turnaround may pinch HHGregg
April 28, 2012
Cory SchoutenThe struggling electronics chain Best Buy has launched a turnaround strategy that borrows more than a few pages from the playbook
of competitor HHGregg.
MoreHHGregg gets $40M from life insurance on former CEO
February 29, 2012
Cory SchoutenHHGregg has collected a $40 million payout from a life insurance policy it took out on former executive chairman Jerry W.
Throgmartin, who died in January after a sudden illness.
MoreHHGregg reports smaller profit in fiscal third quarter
February 8, 2012
The appliance and electronics retailer attributed the decline to lower-than-expected profit margins and higher spending on
advertising.
MoreMeningitis complications felled Throgmartin, family says
January 25, 2012
Meningitis, a rare disorder caused by an infection of the membranes covering the brain and spinal cord, usually can be treated
but is sometimes fatal.
MoreDeceased HHGregg chairman oversaw explosive growth
January 23, 2012
Greg AndrewsJerry Throgmartin helped transform HHGregg from a local electronics retailer into a national player with more than $2 billion
in revenue. He died over the weekend while visiting his ranch in Colorado.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.