Radio Shack Earnings

Radio Shack reported earnings today. They were again negative and the loss was almost double what the analysts had expected. The stock now sells for almost $1.00 a share. Actually it is around $1.35 this morning in pre-market.

The CEO blames the loss on a slowing of electronics sales. Well duh.

Did anyone ever consider the possibility that Radio Shack does not have the products people want? I cannot buy products I need if you do not have them in the stores.

Radio Shack lost its way a long time ago and it is suffering a slow agonizing death. Again, I doubt they will be in business 5 years from now.

Important lesson here. When you abandon your customers, your customers will abandon you.
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