HSN -- Home Shopping Network -- (HSNI) reported a second quarter profit of 24 cents per share, as compared to a loss of 4 dollars and 44 cents per share in the same quarter last year. Net sales declined 8% year over year. Shares surged over 26 and a half percent in early trading Thursday.
And shares of window and door maker PGT (NASDAQ:PGTI) soared over 30%, after the company reported second quarter earnings of a penny per share, as compared to a loss of 2 dollars and 65 cents per share in the same quarter last year, and a 19 cent loss in the first quarter. Sales fell 22% year over year, but increased just under 13% quarter over quarter. CFO Jeff Jackson said that market conditions are the most difficult that the company has ever encountered.
Specialty paper company Schweitzer-Mauduit International (SWM) reported record second quarter earnings of 45 cents per diluted share, up from 13 cents in the same quarter last year. The company declared a quarterly dividend of 15 cents per share, for an annualized yield of about 1.4%. The company raised its full year earnings guidance to 3 dollars and 50 cents per share, excluding restructuring and other charges. Shares advanced 21% in early trading Thursday, to a new 52-week high.
Home Inns (HMIN), an economy hotel chain in China, reported second quarter earnings of 21 cents per share, driven by a 43% increase in year over year revenue. Revenue was higher than expected, helped by improvements in the Chinese economy. Shares jumped 18% on the report.
And Alpha Pro Tech (AMEX:APT) earned 10 cents per share in the second quarter. That's up from 2 cents in the same quarter last year, driven by a 63% increase in sales. In the disposable protective apparel segment, sales were up 14% year over year, and in the building supply segment sales rocketed 95% higher in part on the strength of its REX Synfelt synthetic roof underlayment product. And in the infection control segment, sales increased 185% to record levels as mask sales surged, related to the swine flu outbreak. In Thursday morning trading, shares advanced nearly 11%.
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