Forbes -
12 Dec 2014 20:45
RadioShack reported total net sales of $650 million for Q3 2015, 16.1% lower compared to Q3 2014, reflecting continued challenges in its postpaid mobility business. Gross margin improved from 31.1% in Q3 2014 to 32.9% in Q3 2015 due to the shift in product mix from mobility to retail. The company's net loss expanded to $161 million, compared to $136 million in Q3 2014. On the positive side, comparable store sales for U.S. company-operated stores were only down 1% over the three-day Thanksgiving ...
Share this Article