RadioShack (RSH) Posts Q3 Loss of $1.11/Share; Comps Down 8.4%

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RadioShack (RSH) Financing Buys it Time - Goldman

October 22, 2013 9:36 AM EDT

On Tuesday, RadioShack Corporation (NYSE: RSH) reported Q3 EPS of ($1.11), $0.75 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $805 million versus the consensus estimate of $893.44 million. The Company also announced that it has received commitments for $835 million of a new five-year debt... More

Does RadioShack (RSH) Like Its Investors? (JCP)

October 22, 2013 8:04 AM EDT

RadioShack (NYSE: RSH) is going for the gold today.

After reporting Q3 GAAP loss of $1.11 per share on sales of $805 million (the... More

RadioShack (RSH) Taps JCPenney's (JCP) Paul Rutenis as Merchandising Chief

October 22, 2013 7:46 AM EDT

RadioShack Corporation (NYSE: RSH) today announced the appointments of Paul Rutenis as senior vice president, chief merchandising officer and Janet Fox as senior vice president of global sourcing.

The addition of these retail veterans represents a key component of the company's strategy to revamp its product assortment, reinvigorate stores, and increase its operational efficiency, three of the five pillars of the company's operational turnaround plan.

Chief Executive Officer Joseph C. Magnacca said, "We are very happy to have Paul and Janet join our... More