Glenn, another small growing retailer which is up 280% ytd.
>Hastings Entertainment (HAST: news, chart, profile) added $1.16, or 35.2 percent, to $4.45 after the Amarillo, Texas, entertainment retailer reported second-quarter earnings of $800,000, or 7 cents a share, up from a year-ago loss of $2.3 million, or 20 cents a share. Revenue rose 3.1 percent in the latest three months to $110.1 million from $106.8 million in the same period a year earlier. The company attributed the improved performance to its upgrading and expansion of certain existing stores, and the redesigning of its small-market stores. For the full year, the company is targeting earnings of 46 cents a share, up from a previous outlook of 40 cents. The updated projection breaks down to a loss of 22 cents a share in the third quarter and a profit of 68 cents a share in the fourth quarter. |
