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HGG > SEC Filings for HGG > Form 8-K on 9-Jan-2017All Recent SEC Filings

Show all filings for HHGREGG, INC.

Form 8-K for HHGREGG, INC.


Results of Operations and Financial Condition, Financial Statements and Exhibits

Item 2.02. Results of Operations and Financial Condition

On January 9, 2017 hhgregg, Inc. (the "Registrant") issued a press release announcing preliminary net sales results for the three months ended December 31, 2016. The Registrant also announced details of its fiscal third quarter conference call. The press release is attached hereto as Exhibit 99.1 and is incorporated by reference into this item.
The information in this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Item 2.02 shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.
Item 2.06. Material Impairments

On January 9, 2017 the Registrant determined that it expects to incur a non-cash charge related to impairment of certain locations in the quarter ended December 31, 2016. The impairment charge is based on current trends in certain under-performing markets and the lack of visibility to the recoverability of the assets associated with those locations. The Company expects the impact of this non-cash pre-tax charge to be in the range of $7 million to $12 million and is currently finalizing that determination.

Item 9.01. Financial Statements and Exhibits

Exhibit No. Description
99.1 Press release of hhgregg, Inc. dated January 9, 2017

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