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Article: Hastings Entertainment, Inc. Reports Net Income of $0.06 Per Diluted Share for 2Q 2005 Compared to $0.05 Per Diluted Share 2Q 2004.
- Article from:
- PR Newswire
- Article date:
- August 22, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Lowering Guidance for Fiscal Year 2005
AMARILLO, Texas, Aug. 22 /PRNewswire-FirstCall/ -- Hastings Entertainment, Inc. , a leading multimedia entertainment superstore retailer, today reported results for the three and six months ended July 31, 2005. Net income for the second quarter of fiscal 2005 was approximately $0.7 million, or $0.06 per diluted share, compared to approximately $0.6 million, or $0.05 per diluted share for the second quarter of fiscal 2004. For the six months, net income was approximately $1.4 million, or $0.12 per diluted share in fiscal 2005 compared to net income of approximately $2.6 million, or $0.22 per share for fiscal 2004.
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