Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of electronics retailer hhgregg
So what: hhgregg's numbers for the second quarter missed analyst targets and set the stage for a soft third quarter. Citing slowing sales of both appliances and home entertainment systems, management concedes that these are tough times in the retail industry but claims that the company is gaining market share.
Now what: Stealing business from hard-nosed competitors Wal-Mart Stores
Interested in more info on hhgregg? Add it to your watchlist by clicking here.