Three hhgregg debtors post operating results for month ended June 30

By Sarah Lizee

Olympia, Wash., July 28 – hhgregg, Inc. reported zero operating income, net sales and net income for June, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Southern District of Indiana.

In addition, the company had no cash in June.

The Gregg Appliances, Inc. debtor saw a $29,951 loss for June and zero sales.

Gregg Appliances listed $846,737 in cash as of June 30.

Meanwhile, the HHG Distributing, LLC debtor also showed no operating income, net income, sales or cash for June.

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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