Hastings (HAST) Posts Enviable Earnings

Not bad considering that music sales were down big. Rick Munarriz has a decent take on the earnings announcement over at The Motley Fool.

Hastings [[hast]], currently selling around $7 per share, is a scrappy little retailer that sells books, music, movies, video games, and rents movies and video games. The company is cheap when compared to its book value or earnings. I generally think management is competent, although the company should institute a dividend to better allocate capital.

Disclosure: I own Hastings stock. My disclosure policy always beats analyst estimates.

Leave a Reply

Your email address will not be published.

Please complete the formula below to prove that you are human * Time limit is exhausted. Please reload CAPTCHA.

This site uses Akismet to reduce spam. Learn how your comment data is processed.