Hastings Entertainment Inc. (HAST) Monday said its profit for the first quarter increased, due mainly to lower operating expenses.
The Amarillo, Texas-based company reported a first-quarter net profit of $833 thousand or $0.10 per share, compared to $413 thousand or $0.05 per share last year.
Total revenues for the quarter dropped to $115.49 million from $124.14 million in the prior-year quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.