RadioShack's Q1 hampered by Sprint

RadioShack weathered a 4 percent drop in same-store sales because of lower sales in Sprint postpaid wireless. The electronics store company managed to recoup some of the net income thanks to increased sales from GPS units, prepaid wireless and digital cameras. Were it not for the Sprint postpaid sales decline, RadioShack said its same-store sales would have risen by 0.7 percent. Total revenues at the company were $949 million, down $43 million from last year.

For more on RadioShack's Q1:
- read this AFX article


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