Circuit City posts profit
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Circuit City Stores Inc. on Monday  posted a quarterly profit compared with a loss a year earlier,  boosted by strong sales of high-ticket items like flat-panel  televisions and digital music players.
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Circuit City Stores Inc. , the No. 2 U.S. electronics chain, on Monday reported a surprise 4.3 percent drop in quarterly sales at stores open at least a year, signaling a further widening gap with top rival Best Buy Co. Inc. .
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Circuit City Stores Inc. said Tuesday that an investment firm made an unsolicited offer to buy the company for &#36;325 million, or &#36;17 per share, and take it private. The electronics retailer's shares soared in early trading.
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Circuit City Stores Inc. CC.N on  Tuesday said it received an unsolicited takeover bid valuing  the struggling electronics retailer at $3.25 billion, and its  shares rose above the offer price, indicating expectations of a  better offer.
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Circuit City Stores Inc.  reported a surprise quarterly loss on Tuesday after it cut prices on hot electronics like flat-panel TVs and computers to lure customers during the holiday shopping season.
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The consumer electronics retailer said 2nd-quarter profit rose to $250 million on strong international results and tighter spending controls.
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Circuit City Stores Inc.  reported an unexpected quarterly loss on Tuesday as the consumer electronics retailer could not sell enough flat-panel televisions to offset falling prices.
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Circuit City Stores Inc. CC.N on  Friday reported a smaller quarterly loss as it kept a tight  rein on expenses and demand increased for digital televisions,  notebook computers and other popular products.
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Circuit City Stores Inc. CC.N, on  Friday reported a smaller quarterly loss as it kept a tight  rein on expenses and demand increased for digital televisions,  notebook computers and other popular products.
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RICHMOND, June 20 -- Electronics retailer Circuit City, which earlier this year cut jobs and restructured in an effort to keep up with competitors, reported a $54.6 million quarterly loss Wednesday and withdrew its financial guidance for fiscal 2008.
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Circuit City Stores Inc.  on Tuesday reported a 2.9 percent gain in quarterly same-store sales but its growth lagged estimates due to a calendar shift and reduced spending through August.
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Circuit City Stores Inc. CC.N posted  a narrower quarterly loss from continuing operations on Friday  but said the outlook was cautious for the current quarter,  which includes the key holiday season.
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Circuit City Stores Inc. said Wednesday its December sales rose a disappointing 1.8 percent, while so-called same-store sales fell 5.8 percent, as the nation's second largest consumer electronics retailer failed to draw large crowds of holiday shoppers.
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Electronics retailer Circuit City Stores Inc. said Thursday it lost $62.8 million in the second fiscal quarter, on lower overall sales and a restructuring.
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The South Korean consumer electronics and appliances company swung to a profit in the second quarter on strong sales of appliances and premium mobile phones.
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Circuit City Stores Inc. on Friday reported a narrower third-quarter loss from continuing operations as sales of higher-margin warranties and improved distribution helped offset weak merchandise sales.
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Circuit City Stores Inc. onTuesday reported a 2.9 percent gain in quarterly same-store sales, but its growth lagged estimates due to a calendar shift and reduced spending through August.