hhgregg announced that it has named Robert J. Riesbeck its new chief financial officer.
hhgregg Friday announced a quarterly profit of $3.8 million, a 38 percent drop from the same time last year.
"Our sales performance during the quarter was negatively impacted by a continued pressure in the video industry and fell below our expectations," CEO Dennis May said on a conference call (according to the Seeeking Alpha transcript.)
NPD DisplaySearch said Friday that Dennis May, the CEO of hhgregg, will appear at the research firm's FPD Smart Display Conference. The event will take place Feb. 28 and 29 at the Hard Rock Hotel in San Diego.
Cross-channel retailer of the year Dennis May leads hhgregg’s surging growth.
For the last 25 years, Dennis May has been involved in the retail industry — and he's loved every second of it. From his modest beginning selling audio equipment to help support himself while in college (that was the cool job at the time, May recalls) to his tenure today as president and CEO of one of the fastest-growing cross-channel retail brands out there, the one constant has been retail
After expanding quickly the last few years, hhgregg plans to slightly slow down its pace of expansion, the company said this week.