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RadioShack Announces 88% Earnings Miss In Report
Tuesday, June 10, 2014 - 8:21am | 288Read More...RadioShack (NYSE: RSH) shares are ready to slump lower following a big earnings miss Tuesday morning. Revenue for the first quarter was 4.01 percent below the analyst consensus at $736.7 million versus $767.45 million. Year-over-year, earnings are down 13.2 percent, led by store closings and a...
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Over 1,000 Store Closures Coming For RadioShack Following Poor Earnings Report
Tuesday, March 4, 2014 - 3:06pm | 466Read More...It was a rough 2013 for RadioShack (NYSE: RSH). The electronics chain, like a lot of retailers, has been slammed by a still-weak economy and the ongoing migration of consumers from brick-and-mortar stores to shopping online. And despite a popular Super Bowl ad, poking fun at itself and its...
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Will Financing Be Enough for RadioShack's Record Breaking Turn Around? (RSH)
Tuesday, July 23, 2013 - 9:42am | 392Read More...Struggling to stay afloat, RadioShack (NYSE: RSH) sought out investment bank Peter J. Solomon to raise funds, the Wall Street Journal reported. Although RadioShack has $461 million cash, this figure has been on a decline for several quarters with the company seeing $139 million in earnings...
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RadioShack Extremely Volatile on Q2 Earnings
Tuesday, July 23, 2013 - 8:38am | 269Read More...Stumbling retailer RadioShack (NYSE: RSH) missed earnings this morning, but noted several opportunities for turnaround. EPS came in at a $0.53 loss versus the $0.24 estimated loss with revenue at $845 million, down from $849 million in the same quarter last year. CEO Joseph Magnacca opened the...
