Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

hhgregg Reports 3Q Sales, Adjusts Guidance, Charts Future
Jan 7, 2011
 Printable format
 Email this Article
 Search

Indianapolis-based appliance and electronics retailer, hhgregg, Inc. reported that preliminary net sales for the third quarter of its fiscal year 2011 were $653.7 million, up 30.6% over the $500.4 million of net sales reported in the fiscal third quarter last year.

In the quarter that ended Dec. 31, 2010, comparable store sales decreased 6.2%, with the appliance category expected to decrease 5.7%.

In light of the preliminary 3Q sales results, the retailer now anticipates that annual net income per diluted share will be $1.15 to $1.23 in fiscal 2011. Previous guidance put net income at $1.30 to $1.45.

The retailer still plans to open 35-45 new stores in fiscal year 2012, mostly in Chicago, IL; Miami, FL; and in Western Pennsylvania, including the Pittsburgh market.

Back to Daily News

 

Daily News

...........................................................

Dec 22, 2014: DOE's Building Technologies Office releases Roadmap for Emerging HVAC Technologies

Dec 19, 2014: Whirlpool Corp. provides guidance for 2015

Dec 19, 2014: Panasonic to showcase built-in appliances at LivingKitchen 2015

Dec 19, 2014: New residential construction in November 2014

Dec 19, 2014: 2014 U.S. steel production up 0.7% from 2013

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows