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Hhgregg, Inc. (HGG)

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Hhgregg Inc. (HGG) is a leading specialty retailer of premium video products, brand name appliances, audio products and accessories. Through its superior purchase experience, the company is able to generate great customer loyalty, leading to referrals and finally produce repeat business.

However, the company's profitability primarily depends on its ability to anticipate and respond in a timely manner to trends in consumer preferences relating to major household appliances and consumer electronics. In addition, the fierce competition and the still-recovering economic situation concerns us.

Our long-term Underperform recommendation on the stock indicates that it will perform below the market. Hhgregg competes against Best Buy, Sears, Lowe's, Home Depot and regional retailers, such as Fry's and BrandsMart.




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