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Hhgregg reports Q2 loss; closes five stores
Consumer electronics and appliance retailer Hhgregg came up short in its second quarter. It also exited the Wisconsin market. The company reported a loss of $18.4 million for the quarter ended Sept. 30, with a loss of 66 cents per share. Losses, adjusted for non-recurring costs and asset impairment costs, came to 51 cents per share. The results fell short of Wall Street expectations.