The Wet Seal Inc, (WTSLA: chart), said that if not for items, net income rose to $3 million, or 3 cents a share, from $2.7 million, or 7 cents a share in the year-ago period. The company met analysts'' forecasts for earnings of 4 cents a share and forecast Q3 net income of 6-7 cents a share, including $1.9 million or 2 cents a share for non-cash stock compensation.

Alpha Natural Resources Inc, (ANR: chart), coal producer, reported its Q2 net income fell to 36 cents a share, from 43 cents a share in the year-earlier period on 19% revenue growth, missing analysts'' forecast for earnings of 44 cents a share.

J.M. Smucker Co, (SJM: chart), maker of peanut butter and jelly, reported that Q1 income fell 50 cents a share, from 51 cents a year ago as results were hurt by restructuring charges related to the sale of the company''s Canadian grain-based food service operations. If not for those charges, earnings would have been 59 cents a share. Sales rose 3% to $526.5 million from $510.3 million. The company missed analysts'' expectations for earnings of 58 cents a share.