Briefly

Guitar Center Inc. delayed the release of fourth-quarter earnings, saying it needed to account for a $29.9-million purchase of bankrupt music retailer The Woodwind & The Brasswind.

Net income will probably be $1.05 to $1.10 a share, the Westlake Village-based company said Wednesday.

The company made the announcement after the close of regular trading, where its shares declined $1.07 to $45.75. The shares were little changed in after-hours trading.