(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

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