Electronics store chain hhgregg (HGG) loses 12.6% after reporting FQ1 revenue of $431.5M (-1%...

|By:, SA News Editor

Electronics store chain hhgregg (HGG) loses 12.6% after reporting FQ1 revenue of $431.5M (-1% Y/Y) and EPS of -$0.02, below a consensus of $478.1M and $0.01. Same-store sales fell 13.2%. William Blair had previously singled out hhgregg as being particularly at risk of losing market share to Amazon (AMZN). Rival BBY is down 5.3%.