Statement from RadioShack Regarding Balance Sheet
Company Added
Company Removed
Apply to Request List

Statement from RadioShack Regarding Balance Sheet

FORT WORTH, Texas - July 12, 2013 // PRNewswire // - RadioShack Corporation (NYSE: RSH) issued the following statement today in response to recent media reports involving the company:

We continue to have a strong balance sheet with total liquidity of $820 million at the end of the first quarter. Like many companies, we have discussions with investment banks from time to time to help us evaluate ways to further strengthen our balance sheet and manage it efficiently. That has been the sole focus of these discussions. As we noted on our last earnings call, we are focused on executing our turnaround and serving our customers.

About RadioShack Corporation

RadioShack (NYSE: RSH) is a leading national retailer of innovative mobile technology products and services, as well as products related to personal and home technology and power supply needs. RadioShack® offers consumers a targeted assortment of wireless phones and other electronic products and services from leading national brands, exclusive private brands and major wireless carriers, all within a comfortable and convenient shopping environment. RadioShack employs approximately 30,000 knowledgeable and helpful sales experts globally. RadioShack's retail network includes more than 4,300 company-operated stores in the United States, 270 company-operated stores in Mexico, and approximately 1,000 dealer and other outlets worldwide. For more information on RadioShack Corporation, please visit www.radioshackcorporation.com; to purchase items online, please visit www.radioshack.com. RadioShack® is a registered trademark licensed by RadioShack Corporation.

Contacts:

Analyst and Investor

Bruce Bishop
(817) 415-3400
Bruce.Bishop@RadioShack.com

News Media

Media Relations
(817) 415-3300
Media.Relations@RadioShack.com

SOURCE RadioShack Corporation

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

FASTSIGNS
Signage has never been more important. Right now, businesses are looking for new and better ways to compete.
Jon Smith Subs
As a Jon Smith Subs franchisee you'll be giving customers what they truly want with a wide range of customized options.
Executive Care
Executive Care is more than just a Senior Care company. We are a full-service home health care company serving clients from infants to seniors. Our...
Jimmy John's Gourmet Sandwiches
One of the fastest growing franchises in the U.S., Jimmy John’s has been making fresh, fast, tasty sandwiches since 1983.
Newk's Eatery
If you are looking for a solid business opportunity designed for growth, consider the advantages of the Newk's Eatery franchise opportunity.
Share This Page

Subscribe to Our Newsletters

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2019.
All Rights Reserved.