(Reuters) - Sales fell 15 percent to $934.8 million, short of analysts' estimates of $983.6 million. Sales at stores open at least a year, a key measure of retail performance, dropped 8.9 percent. RadioShack cited weaker wireless sales and the closure of 481 stores in 2006.
"The wireless business is actually doing very well in general for the wireless carriers" such as Cingular, Fitch's Co said. "RadioShack can't seem to attract the customers into the stores to sign up."
Read more at Reuters.com Business News
"The wireless business is actually doing very well in general for the wireless carriers" such as Cingular, Fitch's Co said. "RadioShack can't seem to attract the customers into the stores to sign up."
Read more at Reuters.com Business News
No comments:
Post a Comment