Shares of

Office Depot

(ODP) - Get Report

were among the

NYSE's

winners Thursday, rising 12% after the company posted second-quarter earnings that easily beat expectations.

The retailer of office products reported earnings of $100.1 million, or 31 cents a share, on sales of $3.36 billion. Analysts polled by Thomson First Call were expecting earnings of 24 cents a share on sales of $3.29 billion. A year ago the company earned $79.2 million, or 25 cents a share, on sales of $3.16 billion.

Office Depot's results were fueled by strong North American sales. "Our international operating results, however, did not keep pace with those of our North American divisions. Over time, we need to grow this business at a more rapid rate and deliver improved profitability," the company said. The company also said it was launching a "review" of operations in the quarter to make sure it's getting an acceptable return on short- and long-term investments. Shares were trading up $2.90 to $27.70.

Hughes Supply

( HUG) fell 12% after the construction and repair products company slashed its second-quarter forecast. The company now expects earnings of 56 cents to 59 cents a share, down from previous guidance of 64 cents to 68 cents a share, on sales of about $1.33 billion, down from earlier guidance of $1.335 billion to $1.355 billion. Analysts are expecting earnings of 67 cents a share on sales of $1.34 billion.

Hughes blamed the shortfall on weakness in its plumbing/HVAC and maintenance, and repair and operations businesses. Looking ahead, Hughes Supply said that third-quarter earnings would grow by 5% to 10% over last year's earnings of 54 cents a share. That would imply third-quarter earnings of 57 cents to 59 cents a share. Sales are expected to be flat on a sequential basis. Analysts are expecting earnings of 64 cents a share on sales of $1.33 billion. Shares were trading down $3.70 to $27.45.

Shares of

Hub Group

(HUBG) - Get Report

rose 17% after the freight transportation company posted second-quarter earnings that topped forecasts. The company reported earnings of $7.9 million, or 38 cents a share, on sales of $371.6 million. Analysts were expecting earnings of 32 cents a share on sales of $367.6 million. A year ago the company earned $4.1 million, or 24 cents a share, on sales of $349 million. Looking ahead, Hub Group said that it is comfortable with analysts' estimates of $1.35 to $1.45 a share for 2005. Shares were trading up $4.48 to $30.70.

Oakley

( OO) rose 12% after the maker of sunglasses reported second-quarter earnings that beat expectations. The company earned $20.3 million, or 30 cents a share, on sales of $170.5 million. Analysts were expecting earnings of 26 cents a share on sales of $171.9 million. A year ago the company earned $16 million, or 23 cents a share, on sales of $153.8 million.

Looking ahead, Oakley said that it now expects 2005 earnings growth to be at the high end of 25% to 30%. Previously, the company expected growth of 15% to 20%. Oakley now expects 2005 sales growth to be at the high end of its previous guidance of 10% to 15%. Analysts are expecting 2005 earnings of 73 cents a share on sales of $664.8 million. During 2004 the company earned $41.6 million, or 60 cents a share, on sales of $585.5 million. Shares were recently trading up $2.02 to $18.97.

Shares of

Charlotte Russe

( CHIC) fell 7% after the clothing retailer posted third-quarter earnings that fell short of expectations. The company earned $3.3 million, or 14 cents a share, on sales of $146.9 million. Excluding a $500,000 pre-tax charge, or 1 cent a share, the company would have earned 15 cents a share. Analysts were expecting earnings of 17 cents a share on sales of $146.6 million. A year ago the company earned $5.4 million, or 23 cents a share, on sales of $133 million. Shares were trading down $1.02 to $13.36.

NYSE volume leaders included

Nokia

(NOK) - Get Report

, down $1.91 to $15.95;

Lucent Technologies

( LU), down 5 cents to $2.91;

EMC

(EMC)

, down 67 cents to $13.75;

Pfizer

(PFE) - Get Report

, down 21 cents to $26.85;

Motorola

( MOT), down 27 cents to $19.66;

LG. Philips

(LPL) - Get Report

, up 63 cents to $21.95;

UnitedHealth Group

(UNH) - Get Report

, down 91 cents to $48.84;

Citigroup

(C) - Get Report

, unchanged at $44.21; and

Coca-Cola

(KO) - Get Report

, up 79 cents to $44.12.

Nasdaq

volume leaders included

eBay

(EBAY) - Get Report

, up $6.14 to $41.01;

Microsoft

(MSFT) - Get Report

, up 12 cents to $26.31;

Qualcomm

(QCOM) - Get Report

, up $2.16 to $38.25;

Intel

(INTC) - Get Report

, down 36 cents to $27.08;

Yahoo!

(YHOO)

, down 59 cents to $32.81;

Cisco Systems

(CSCO) - Get Report

, down 39 cents to $19.73;

Verisign

(VRSN) - Get Report

, down $5.01 to $23.99;

Applied Materials

(AMAT) - Get Report

, down 30 cents to $18.09;

Oracle

(ORCL) - Get Report

, down 27 cents to $13.76;

Sun Microsystems

(SUNW) - Get Report

, down 2 cents to $3.79;

Amgen

(AMGN) - Get Report

, down $1.20 to $79.97; and

Sirius Satellite Radio

(SIRI) - Get Report

, up 3 cents to $6.78.