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RadioShack AO Message Board

  • doctornoren doctornoren Feb 26, 2008 6:28 PM Flag

    The truth

    Same store sales are down. Revenues are down. The only thing that changed is cost cutting to improve margins/overhead. You can dress up a pig but it's still a pig. The competition, like Best Buy which is not may favorite for other reasons, is eroding RSH slowly into a death spin. Again, same store sales are down. Watch next quarters can only cost cut to the quick (horse lingo).

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    • "the company slashed overhead costs, but its crucial wireless phone business continued to sink."

      The future:
      Asked when the chain's same-store sales might turn positive - or at least stay flat instead of sinking - Day declined to offer a forecast

      Day said controlling costs would remain important, but that improved earnings must come from sales growth.
      Need growth and a recession has already hit town.

    • Gosh! All that truth and this "pig" still goes up 20% in one day with 16 million shares traded. The market must agree with your "truth".