HH Gregg 2Q13 Earnings Call Notes

posted in: Notes | 0

This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. The quotes are generally pieces of information that I find interesting or helpful to understanding the company, industry or economy and are not meant to provide summaries of the full content of the call. Other posts in this series can be found by clicking here. Full transcripts can be found at Seeking Alpha.

“While there are some bright spots within the larger screen size and product innovations, such as 4k or Ultra HD TV, we continue to expect the TV industry to remain negative for the remainder of the fiscal year.”

“As we think about the video business, we are somewhat encouraged, as I said in my prepared remarks, that we are seeing some investments in innovation, continued migration to our larger screen sizes.”

“We believe that our shifts and our changes in the TV business are more product cycle-driven. You clearly see continued demand and interest in large screen television as where you see continued weakness in midsized 40-inch, 46-inch, anything that’s under 40-inch has a continued weakness associated with it”