Hastings Entertainment reported a decline in fourth-quarter earnings, with a net income of $4.07 million or $0.41 per share, compared to $5.82 million or $0.54 per share in corresponding period one year earlier. Total revenue for the quarter declined 2.7 percent to $166.88 million, from $171.49 million a year earlier.For the twelve-month period, net earnings fell to $4.1 million or $0.39 per share from $10.2 million or $0.93 per share in the previous year, while total revenues decreased 1.6% to $538.7 million from $547.7 million last year. Comparable store revenues for books, however, rose 1.3 percent for the year ending […]
