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Comps slide 20% at RadioShack, 'exploring' balance sheet

Sep. 11, 2014 7:15 AM ETRadioShack Corporation (RSH) StockBy: Clark Schultz, SA News Editor7 Comments
  • RadioShack (NYSE:RSH) reports comparable-store sales fell 20% in Q2.
  • Gross profit rate +30 bps to 35.3% on a shift in mix away from mobile.
  • SG&A expense ratio +920 bps to 48.0%.
  • The company says it's actively exploring options for overhauling its balance sheet.
  • RSH +27.9% premarket to $1.19.

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