Shares Decline on Larger Loss at Circuit City
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Shares of the electronics retailer Circuit City Stores fell sharply after the company reported a wider-than-expected loss.
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Consumer electronics retailer Circuit City Stores Inc  reported a wider third-quarter loss on Friday as sales fell and store changes disrupted business.
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CHICAGO (CBS.MW) -- Circuit City Stores shares plummeted 10 percent Monday after the nation&#39;s No. 2 electronics retailer said that its third-quarter same-store sales fell 4.3 percent.
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Lower customer traffic and disappointing desktop computer sales dragged down all-important December same-store sales at Circuit City Stores Inc. by 5.8 percent, "well below" the chain's expectations, its chief executive said yesterday.
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Circuit City Stores Inc. reported a gain of 2.9 percent in quarterly same-store sales Tuesday, but growth lagged estimates due to a calendar shift and reduced spending in August.
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U.S. stocks slipped on Tuesday after disappointing financial results from software maker Oracle Corp.  and electronics retailer Circuit City  sparked worries about corporate profits and the economy.
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U.S. stocks slipped on Tuesday as disappointing results from tech bellwether Oracle Corp.  hurt the Nasdaq, and an unexpected quarterly loss from electronics retailer Circuit City  prompted fears about a weaker-than-expected holiday shopping season.
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Circuit City Stores Inc. CC.N on  Friday reported a narrower quarterly loss from continuing  operations as sales of higher-margin warranties and improved  distribution helped offset weak merchandise sales.
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Electronics retailer Circuit City  Stores Inc  posted a quarterly loss on Thursday as sales  fell and the company cut jobs in an effort to turn business  around.
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Circuit City Stores Inc. reported a smaller-than-expected loss in the third quarter on store efficiencies and higher extended warranty sales, but the retailer's top executive said holiday sales have been slower than expected so far.
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Circuit City Stores Inc. CC.N on  Friday posted a narrower quarterly loss from continuing  operations but said its outlook was cautious for the current  quarter, which includes the holiday shopping season.
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Circuit City Stores Inc. (CC.N: Quote, Profile, Research) on Friday reported a narrower quarterly loss as it kept a tight rein on expenses and sales of digital televisions
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Circuit City Stores Inc. CC.N, 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. BBY.N.
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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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Circuit City Stores, the consumer electronics chain, reported a smaller-than-expected loss in the second quarter Friday because of higher sales and fewer
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Consumer electronics retailer Circuit  City Stores Inc.  on Wednesday posted a quarterly loss  that it called disappointing and withdrew its earnings  forecast, citing a drop in advanced television sales and an  uncertain economic environment.
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Circuit City Stores Inc  reported a wider-than-expected second-quarter loss on Thursday, as sales sagged for desktop computers, projection and tube TVs, and its shares fell 5 percent in pre-market trading.