hhgregg Announces Fourth Fiscal Quarter and Full Year Operating Results

INDIANAPOLIS–(BUSINESS WIRE)–hhgregg, Inc. (NYSE: HGG) (“hhgregg” or the “Company”) today announced operating results for the fourth quarter and full year ended March 31, 2016 as compared to the fourth quarter and full year ended March 31, 2015. Fourth Quarter Summary Net sales decreased 9.6% to $439 million year-over-year. Comparable store sales decreased 9.3% year-over-year, however appliance comp sales for February and March increased 4.9%. Gross margin increased to 28.7% compared to 28.6%
Source: BusinessWire-Primary

hhgregg Announces Fourth Fiscal Quarter and Full Year Operating Results