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

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

Apr 16, 2014: Home Builder Confidence Steady in April

Apr 16, 2014: Little Swan Sees China Becoming a Front-Loader Washing Machine Market

Apr 16, 2014: Hisense Poised for Continued Growth in Africa

Apr 10, 2014: AGA Rangemaster Names Kathryn M. Ireland To Be North American Brand Ambassador

Apr 10, 2014: Report: Manufacturers Pay Massive Costs for Energy Inefficiency

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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 | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows