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What: Shares of appliance and electronics retailer hhgregg
So what: Even though 21.5% revenue growth to $507.0 million lagged analyst estimates, the bottom line blew expectations away. The pros on Wall Street were only expecting $0.29, but the company posted adjusted earnings per share of $0.39 during the quarter.
Now what: Store expansion drove the growth in the quarter, but I am a little concerned to see same-store sales fall 10.8% at stores open at least 14 months. Best Buy
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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