People believed that RadioShack would not achieve Double Digit sales gains? Then they got all the sales associates together and said hey we need to do double digit. Ran a special sale and we closed the month with a 12% sales gain. I think the same will happen and all radioshacks will get an emergency shipment of 1000golfscopes. Another reason sales are down... People are not buying RC cars for christmas this year. They are all looking for Pokemon or Gameboys. I hate nintendo.
Jim -don't know how long you have worked for the shack but after twenty years I learned a lot of lessons- mainly that buyers are quirky and generally have their own mindset- I got stuck with a lot of junk toys the past two years- I mean really- are Power Rangers walkie talkies a smart buy- better to have Pokemon flashlights or something else- too many cars-and in January you have a big used car lot- good luck hanging in- I jumped out in October- the first peaceful stress free holiday in twenty years
long-term sustainable growth rate and this years EPS: look out below..or can you get momentum investors to keep driving this at stupid price levels? Nice price action on a bit of potentially short-term change. Who has been recommending this stock you have to wonder.