Business Services Industry
Ventura County Star, Calif., Business Briefs Column.
Knight Ridder/Tribune Business News, July, 2003
Ventura County Star, Calif. Knight Ridder/Tribune Business News
Jul. 31--GUITAR CENTER'S SHARES SOAR MORE THAN 12 PERCENT: A day after reporting net income rose 50 percent in the second ...uarter on strong sales at its retail, catalog and online stores, Guitar Center Inc. saw its shares surge $3.70, or 12.46 percent, to $33.40 Wednesday on unusually high volume of 3.7 million.
The Westlake Village company (Nasda...: GTRC) set a 52-week high of $34 during trading, up $3.40 from its previous high on Tuesday.
The musical instrument and recording e...uipment retailer reported Tuesday earnings rose to $6.2 million, or 25 cents a share, from $4.1 million, or 18 cents a share, a year ago.
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