Hhgregg, Inc. Reports Unaudited Consolidated Earnings Results for the Period from April 1, 2017 to April 30, 2017
June 02, 2017 at 06:27 pm IST
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hhgregg, Inc. reported unaudited consolidated earnings results for the period From April 1, 2017 to April 30, 2017. For the period, the company reported net sales of $72,421,000. Operating loss was $39,583,000. Loss before taxes was $47,765,000. Net loss was $47,765,000. Net cash provided by operating activities Was $158,000. Purchases of property and equipment Was $143,000.
hhgregg, Inc. is an online retailer that operates a retail chain of consumer electronics and home appliances in the Midwest, Northeast, and Southeast United States, which operates stores in approximately 20 states. The Company offers a range of products categories, which include mobiles, computers and office, cameras and video, electronics, pro audio, home and kitchen. Its mobile products include cellphones and accessories, and wearable technology. Its computer products include desktops, laptops, hardware, telephones, and office accessories. The Companyâs electronics products include global positioning systems (GPS) and auto, television, home theater, audio headphones, and gaming. Its pro audio products include microphones, pro headphones, studio recording, audio systems, speakers, audio components, portable audio, and musical instruments. Its home and kitchen products include kitchen utensils, luggage, and bags. It offers global and local brands across the nation through hhgregg.com.