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Three hhgregg debtors post operating results for month ended Oct. 31
By Sarah Lizee
Olympia, Wash., Nov. 22 – hhgregg, Inc. reported zero operating income, net sales and net income for October, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of Indiana.
In addition, the company had no cash in September.
The Gregg Appliances, Inc. debtor saw a $34,171 loss for the October period and zero sales.
Gregg Appliances listed $1.04 million in cash as of Oct. 31.
Meanwhile, the HHG Distributing, LLC debtor also showed no operating income, net income, sales or cash for October.
hhgregg is an Indianapolis-based specialty retailer of consumer electronics and home appliances. The company filed for bankruptcy on March 6, 2017 under Chapter 11 case number 17-01302.
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