Shares of

Prestige Brand Holdings

(PBH) - Get Report

were among the

NYSE's

losers Thursday, falling 40% after the company posted first-quarter results that fell well short of Wall Street forecasts and warned that full-year results would likely fall below expectations.

The consumer products company, which came public in February 2005, posted earnings of $4 million, or 8 cents a share, on sales of $63.5 million. Analysts surveyed by Thomson First Call were expecting earnings of 15 cents a share on sales of $75.7 million. A year ago, the company posted pro forma earnings of $3.1 million, or 12 cents a share, on sales of $67.7 million.

Looking ahead, Prestige Brand said that as a result of its first-quarter sales shortfall and "continuing issues on certain brands which will carry over into the second quarter, we believe that revenue and earnings growth in the current year will fall below our original expectations." The company now believes that sales and earnings will be flat or slightly down during the current fiscal year. Analysts are expecting fiscal 2006 earnings of 97 cents a share on sales of $332.2 million. Shares of Prestige were recently trading down $8.04 to $12.

Great Wolf Resorts

( WOLF) fell 27% after the indoor water parks operator posted second-quarter results that fell below expectations and warned that third- and fourth-quarter earnings would fall short of forecasts. The company reported a loss of $2.5 million, or 8 cents a share, on sales of $26 million. Analysts were expecting a smaller loss of 2 cents a share on sales of $33.2 million. Great Wolf said its recent quarter was hurt by market conditions and increased competition.

Looking ahead, the company forecast a third-quarter adjusted profit of $6.45 million to $8.25 million, or 21 cents a share to 27 cents a share. Previously, the company said it would post adjusted earnings of $9.6 million to $10.8 million, or 32 cents to 36 cents a share. For the fourth quarter, the company now expects an adjusted loss of $1.5 million to $3.3 million, or 5 cents to 11 cents a share. Previously, the company expected a loss of $560,000 to $1.2 million, or 2 cents to 4 cents a share. "We are revising our guidance downward for the third and fourth quarters to reflect conditions that we encountered during the second quarter," the company said. Analysts had been expecting earnings of 34 cents a share on sales of $50 million during the third quarter and a loss of 3 cents a share. Shares were trading down $5.28 to $14.49.

Shares of

NutriSystem

( NT) rose 21% after the company posted second-quarter results that easily surpassed expectations. The provider of weight management and fitness products and services reported earnings of $4.3 million, or 12 cents a share, on sales of $40.9 million. Operating income came in at $7.1 million. Analysts were expecting earnings of 9 cents a share on sales of $30.2 million. A year ago, the company earned $758,000, or 2 cents a share, on sales of $9.2 million. Looking ahead, NutriSystem forecast third-quarter operating income of $5.1 million to $5.5 million on sales of $41 million to $43 million. Analysts are expecting third-quarter earnings of 5 cents a share on sales of $22.4 million. Shares were trading up $3.50 to $19.92.

Newell Rubbermaid

(NWL) - Get Report

rose 7% after the consumer products maker posted second-quarter results that topped forecasts. The company earned $66.2 million, or 24 cents a share, on sales of $1.64 billion. Excluding items, the company would have earned $103.5 million, or 38 cents a share. Analysts were expecting earnings of 31 cents a share on sales of $1.67 billion. A year ago, the company posted pro forma earnings of $61 million, or 22 cents a share, on sales of $1.67 billion. Looking ahead, Newell Rubbermaid expects third-quarter earnings from continuing operations of 33 cents to 37 cents a share. Analysts are expecting earnings of 36 cents a share. Shares were recently trading up $1.54 to $24.85.

Shares of

Spectrum Brands

( SPC) fell 18% after the company reported third-quarter earnings that fell short of expectations and warned that fiscal 2006 earnings would be below expectations. The company earned $23.7 million, or 46 cents a share, on sales of $730.4 million. Excluding items, the company would have earned 76 cents a share. Analysts were expecting earnings of 79 cents a share on sales of $715.4 million. A year ago, the company earned $12.8 million, or 36 cents a share, on sales of $308.3 million. Excluding items, the company would have earned 39 cents a share.

Looking ahead, Spectrum narrowed its fiscal 2005 earnings guidance to $2.40 to $2.43 a share. Previously, the company said that it would earn $2.40 to $2.50 a share. Analysts are expecting earnings of $2.44 a share. For fiscal 2006, the company expects pro forma earnings of $2.70 to $2.85 a share, below the $2.93 a share that analysts had been expecting. Shares were trading down $6.73 to $31.64.

NYSE volume leaders included

Lucent Technologies

( LU), unchanged at $3.02;

Time Warner

(TWX)

, up 24 cents to $17.17;

Exxon Mobil

(XOM) - Get Report

, down 24 cents to $59.36;

LSI Logic

(LSI) - Get Report

, down 72 cents to $9.20;

Motorola

( MOT), up 18 cents to $21.13;

Nortel

(NT)

, down 2 cents to $2.68; and

Pfizer

(PFE) - Get Report

, up 3 cents to $26.73.

Nasdaq

volume leaders included

Intel

(INTC) - Get Report

, up 12 cents to $27.18;

Sirius Satellite Radio

(SIRI) - Get Report

, down 5 cents to $6.92;

Microsoft

(MSFT) - Get Report

, up 7 cents to $25.79;

Sun Microsystems

(SUNW) - Get Report

, down 2 cents to $3.85;

Cisco Systems

(CSCO) - Get Report

, down 7 cents to $19.11;

Andrew

( ANDW), down $2.80 to $11.13;

Amazon.com

(AMZN) - Get Report

, up 75 cents to $44.40; and

eBay

(EBAY) - Get Report

, up 27 cents to $42.26.