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RadioShack (RSH) Offers Prelim. Q4 Well Below the Street; Suspends Buyback Program

January 30, 2012 4:19 PM EST
RadioShack (NYSE: RSH) reports preliminary Q4 sales of $1.39 billion and EPS in the range of 11-13 cents. Street currently at $1.35 billion in sales and EPS of 37 cents.

Suspending its buyback program.

Sees FY12 net income down compared to FY11.

The company cited underperformance of the Sprint (NYSE: S) wireless deal.


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Guidance, Hot Guidance, Stock Buybacks