Hastings Will Start Selling E-Books as Q1 Earnings Slide

Hastings Entertainment reported a drop in net income for its first quarter, down to $400,000 (or 5 cents per share) compared to $1 million (or 11 cents per share) a year ago. Total sales declined by 3.8 percent, to $124.1 million. Overall book comps decreased 9.1 percent for the quarter; new book…

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