RadioShack Reports Earnings of 41 Cents Per Share

Before you go, we thought you'd like these...
Before you go close icon
RadioShack (RSH) reported that second-quarter earnings rose 8.6% from a year earlier to $53 million or 41 cents per diluted share.

Total net sales and operating revenue was $1.01 billion, up 4.7% from the second quarter of 2009, the company said in a statement. Comparable stores sales for company-operated stores and kisoks advanced 6.7% in the second quarter from a year earlier.

"In the second quarter, we worked hard to continue to strengthen our brand with particular emphasis on the mobility sector," CEO Julian C Day said.

RadioShack completed a pilot of wireless kiosks inside Target stores. The company now plans to roll out kiosks in most Target stores by the middle of 2011.

Read Full Story

Markets

S&P 500 2,353.50 11.91 0.51%
DJIA 20,648.33 97.35 0.47%
NASDAQ 5,860.17 19.79 0.34%
DAX 12,149.42 153.35 1.28%
NIKKEI 225 19,202.87 217.28 1.14%
HANG SENG 24,345.87 152.17 0.63%
USD (per EUR) 1.08 0.00 -0.20%
USD (per CHF) 0.99 0.00 0.16%
JPY (per USD) 110.60 -0.16 -0.15%
GBP (per USD) 1.25 -0.01 -0.54%

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners