(Reuters) - ATLANTA, July 30 - RadioShack Corp. reported a second-quarter profit on Monday on cost cutting, but sales missed Wall Street estimates, sending shares of the consumer electronics retailer tumbling 13 percent.
"The sales performance continues to be weak," said Tiffany Co, a director in the retail group with Fitch Ratings. She said declining sales would eventually cut into earnings.
Read more at Reuters.com Market News
"The sales performance continues to be weak," said Tiffany Co, a director in the retail group with Fitch Ratings. She said declining sales would eventually cut into earnings.
Read more at Reuters.com Market News
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