Thursday, November 19, 2009

hhgregg Announces the Availability of Etón Emergency Radios in Stores

hhgregg Announces the Availability of Etón Emergency Radios in Stores
American Red Cross-Branded Radios Provide Instant Access to Weather and Emergency Information

INDIANAPOLIS, Nov 19, 2009 (BUSINESS WIRE) -- Indianapolis-based appliance and electronics leader hhgregg and the design-driven leader in portable radios, Etón Corporation, have announced that the American Red Cross brand of Etón emergency radios are now available in all hhgregg stores. The small, handheld radios provide instant access to news, weather and emergency alerts so that consumers can be prepared and informed during a wide range of emergencies.

With no batteries needed, a built-in flashlight and cell-phone charger, American Red Cross radios by Etón are a critical part of the emergency preparedness kits for homes and offices. The radios receive AM/FM and NOAA signals, providing instant access to local news, severe weather and other emergency alerts.

"We are pleased to be carrying several different models of American Red Cross emergency radios in our stores," said Jeff Pearson, Vice President of Marketing, hhgregg. "With the holiday season upon us and winter weather coming soon, we feel this is an important device for consumers to own, and a practical holiday gift to give to friends and family members."

The American Red Cross radios have multiple power sources, including solar and crank dynamo power, and can charge popular devices such as the Apple iPod, iPhone, and Blackberry via USB jack.

"Our mission is to provide consumers with the most current and critical information on the airwaves," said Esmail Amid-Hozour, CEO of Etón Corporation. "An American Red Cross emergency radio is an essential part of any emergency preparedness kit, and we hope that by offering our line of radios in hhgregg stores this season that more consumers will be inspired to purchase one for their families and friends."

The American Red Cross and Etón recently launched a new initiative to further promote preparedness and peace of mind through its "Do More Than Cross Your Fingers" campaign. A portion of the sale of each American Red Cross radio is donated back to the American Red Cross in an effort to help build stronger relationships with communities across the nation.

About hhgregg

hhgregg (NYSE: HGG) is a specialty retailer of consumer electronics, home appliances, mattresses and related services operating under the names hhgregg(R) and Fine Lines(R). hhgregg currently operates 128 stores in Alabama, Florida, Georgia, Indiana, Kentucky, Mississippi, North Carolina, Ohio, South Carolina, Tennessee and Virginia. For more information visit www.hhgregg.com

About Etón Corporation

Etón Corporation is an established leader in consumer electronics radio products. Etón is always "re-inventing" radio. Its mission is to give the world access to news and information, anytime, anywhere. We strive to empower our customers with the most current information on the airwaves. Our goal is to transcend boundaries, so our radios offer world-wide access to the information everyone needs to hear. For more information visit www.etoncorp.com

Wednesday, November 18, 2009

hhgregg Announces the Grand Opening of Two New Stores in Richmond, VA

hhgregg Announces the Grand Opening of Two New Stores in Richmond, VA
Stores to Feature Wide Selection of Brand Name Appliances and Electronics

INDIANAPOLIS, Nov 18, 2009 (BUSINESS WIRE) -- Indianapolis-based appliance and electronics leader hhgregg (NYSE:HGG) today announced the opening of two new stores in the Richmond, VA area on Thursday November, 19th. The two stores are the first to open in Virginia and are located in Short Pump at 11732 West Broad Street, Henrico and in Chesterfield Town Center at 1321 Huguenot Road, Midlothian. A ribbon-cutting ceremony for each store will take place at 2:45 p.m. on Thursday, followed by the official store openings at 3:00 p.m.

"We are very excited to be opening our first stores in Virginia," said Jeff Pearson, vice president of marketing, hhgregg. "Shoppers can expect to see a wide selection of electronics and appliances at competitive prices, along with top-notch customer service from our knowledgeable sales team. The opening of these new stores demonstrates our commitment to the mid-Atlantic region and will give Richmond-area residents a convenient place to shop for all of their electronics needs, just in time for the holidays."

About one hundred local residents have been hired to staff the two Richmond stores, and additional temporary employees have been hired for the holiday season. The 43,000 square foot Chesterfield store includes a Regional Training Center that will be used to train future managers and associates throughout the mid-Atlantic region. hhgregg employees all undergo a comprehensive training program and receive more than 200 hours of training each year.

A Grand Opening sale will be held at each new store from November 19th - 25th, providing low prices on televisions, appliances and electronics throughout the store.

To celebrate the new stores, and introduce more consumers to hhgregg, the Company will launch its "Show Me Your State" Facebook photo contest to all Virginia residents from November 19th - 26th. Residents simply download a picture of hhgregg's mascot, "hh," take a picture of him at their favorite location in Virginia, and post it to his Facebook page for a chance to win a high-end digital camera. For official rules, please visit: www.hhgregg.com/ShowMeYourState

CORPORATE OVERVIEW

hhgregg (NYSE: HGG) is a specialty retailer of consumer electronics, home appliances, mattresses and related services operating under the names hhgregg(R) and Fine Lines(R). hhgregg currently operates 128 stores in Alabama, Florida, Georgia, Indiana, Kentucky, Mississippi, North Carolina, Ohio, South Carolina, Tennessee and Virginia.

Wednesday, November 11, 2009

hhgregg Announces Grand Opening of New Nashville, TN Location

hhgregg Announces Grand Opening of New Nashville, TN Location

New Store to Provide Shoppers with a Modern Shopping Experience; Company Announces Top Holiday Gift Items

INDIANAPOLIS, Nov 11, 2009 (BUSINESS WIRE) -- Indianapolis-based appliance and electronics leader hhgregg (NYSE:HGG) announced today that it will open a new location in Nashville, Tennessee on Thursday, November 12th. The new store, located at 719 Thompson Lane in the One Hundred Oaks Shopping Center, will replace hhgregg's older location on 523 Thompson Lane. A ribbon-cutting ceremony will be held at 2:45 p.m. on Thursday, followed by the official store opening at 3 p.m.

The new 28,137 square foot store provides local residents with an updated shopping experience and offers the same knowledgeable sales staff to help customers make the best purchase decisions. Shoppers can browse through more than 500 brand name appliances and electronics to find some of the holiday season's hottest gifts including:

* Samsung 55" Class 1080p 120Hz LED HDTV with 4 HDMI Inputs
* 10.1" Acer Aspire One netbook
* Garmin nüvi(R) Portable GPS with 4.3" Touchscreen
* Samsung TL225 Front-LCD Camera
* LG Blu-ray Disc(TM) Player with Integrated WiFi Connectivity

"The store's new design will provide shoppers in the Nashville area with an easier, more convenient holiday shopping experience," said Jeff Pearson, vice president of marketing, hhgregg. "We hope that shoppers will come into the store to see the new layout and take advantage of the competitive pricing on our most popular holiday items."

To celebrate the city's newest location, all hhgregg stores located in the Nashville area including Clarksville and Murfreesboro will participate in a Grand Opening Sale from November 12th - November 21st. Customers will be able to take advantage of low prices and special financing options on a wide variety of items, and will have a chance to register to win a Frigidaire Stainless Steel Appliance Package or a Magellan GPS.

In conjunction with the Grand Opening, hhgregg will launch its "Show Me Your State" Facebook photo contest to all Nashville residents from November 12th - November 26th. Residents simply download a picture of hhgregg's mascot "hh," take a picture of him at their favorite location in Nashville, and post it to his Facebook page for a chance to win a high-end digital camera. For official rules, please visit: www.hhgregg.com/ShowMeYourState

CORPORATE OVERVIEW

hhgregg (NYSE: HGG) is a specialty retailer of consumer electronics, home appliances, mattresses and related services operating under the names hhgregg(R) and Fine Lines(R). hhgregg currently operates 126 stores in Alabama, Florida, Georgia, Indiana, Kentucky, Mississippi, North Carolina, Ohio, South Carolina and Tennessee. For more information visit www.hhgregg.com

Thursday, November 5, 2009

hhgregg Announces Fiscal Second Quarter Operating Results

hhgregg Announces Fiscal Second Quarter Operating Results

Second Quarter Highlights

* Net income per diluted share increases 30% over the prior year to $0.13
* Net sales increase 3.7% to $332.2 million; comparable store sales decrease 9.4%
* Gross profit margin remains consistent with the prior year period
* Seven new stores opened during the quarter
* Company tightens net income per diluted share guidance range for fiscal year 2010 to $0.90 - $1.00, from previous range of $0.85 - $1.00

View the full release at ir.hhgregg.com