(RSH) RadioShack Corporation – Bear of the Day

RadioShack Corp. (RSH) difficulties persist as the company continues its disappointing performance. Precipitous decline of the signature and consumer electronics retail businesses, adverse product-mix toward low-margin devices, and a volatile macro-economic scenario in the U.S. are taking their toll on the company’s financials.

Weaker-than-expected growth of the mobile platform and growing marketing expenses are other near-term concerns. Management provided a tepid outlook for the ensuing fourth quarter of 2011.

In the previous quarter, comparable store sales for the company-operated stores and kiosks (those opened at least a year) declined 4% year over year. This is a key retail performance indicator measuring growth from the existing sales locations. We have thus downgraded our recommendation on RadioShack to Underperform.

RADIOSHACK CORP (RSH): Free Stock Analysis Report

To read this article on Zacks.com click here.

About vitalstocks

This is a sample profile field. Vitalstocks is the operating company for Stockbloghub. This will place the picture of the author or company in the profile. Here is another extra line of information.


Powered by Facebook Comments

Similar Posts: | | Electronics Stores | Services

RSS feeds: RadioShack Corporation | RSH | Electronics Stores | Services |

Other Posts by | RSS Feed for this author