hhgregg Sets Growth Target for High-Performing Fine Lines Appliance Stores

Opens Three New Locations, Targets 25-30 Additional Fine Lines Stores

hhgregg (or the Company) (NYSE:HGG), a leading appliances, electronics and furniture retailer, today affirmed that it intends to open 25-30 Fine Lines appliance locations over the next two years. The 24-month store expansion program will increase the prominence of this high-performing retail format as it correlates to the connected hhgregg locations, and further solidify its position as “the place to buy appliances”.

hhgregg currently has 14 Fine Lines stores, including three new locations.

• 8921 S. US 31, Indianapolis, IN 46227
• 6440 Sawmill Road, Columbus, OH 43235
• 4786 Fields Ertel Road, Cincinnati, OH 45249

The new Fine Lines locations in Indianapolis, IN and Columbus, OH are the second Fine Lines stores in these markets.

Fine Lines high-end appliance locations are connected to hhgregg stores and feature state-of-the-art showrooms, showcasing a wide selection of premium appliance brands. Fine Lines locations feature top brands, typically including SubZero, Wolf, Viking, Thermador, JennAir, KitchenAid, Bosch, GE Monogram and Miele. These showrooms are designed to inspire customers to create their dream kitchens.

Robert Riesbeck, Interim President and Chief Executive Officer and Chief Financial Officer, said, “Our Fine Lines locations have proved to be a strong-performing format and we expect that to continue in the future. We believe our increased appliance footprint will continue to have a favorable impact on the growth and performance of these stores and the Company overall. We’ve recently seen strong momentum in appliances sales, and intend to continue that through the rest of the year and into the holiday season, assisted by the expansion of the new Fine Lines locations and the steady sales being generated, both in stores and online.”

To find a store or shop online, visit hhgregg.com, and for more information, follow hhgregg on Twitter (@hhgregg) or Facebook (facebook.com/hhgregg).

About hhgregg

Founded in 1955, Indianapolis-based hhgregg is a multi-regional retailer with 226 brick-and-mortar stores in 20 states. hhgregg's product assortment includes market-leading brands in home appliances, consumer electronics and furniture. The retailer's online presence (hhgregg.com) give consumers nationwide access to global and local lifestyle home products.

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