Tag Archives: Quarterly reports

Radio Shack Profits Affected By Low T-Mobile Sales

Reuters early morning report on the quarterly earnings of Radio Shack highlighted the weakness in the earnings based partially on T-Mobile sales. “RadioShack gave up a lot of compensation from AT&T and Sprint to carry T-Mobile, and this partnership doesn’t appear to be panning out the way management expected,” RBC Capital Markets analyst Scot Ciccarelli said last week. Sales at Radio Shack retail stores fell by 0.6% in the first quarter with the … [read full article]