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