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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LONDON (CBS.MW) - Electronics retailer Circuit City Stores on Friday narrowed its fiscal second quarter loss, citing improvements in the average ticket price and extended warranty penetration rates on key merchandise.
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Circuit City Stores Inc  reported  a wider third-quarter loss on Friday as sales fell and its  store changes disrupted business, sending shares of the  consumer electronics retailer plummeting 34 percent in  pre-market trading.
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But shares fall after the video game publisher cuts outlook for crucial Christmas shopping season. LOS ANGELES  - Electronic Arts Inc.
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Consumer electronics retailer Circuit City Stores Inc. said Tuesday it swung to a loss in the third quarter as deep discounts on flat-panel televisions and computer hardware and software cut into profit margins. It also lowered its full-year sales outlook and shares fell more than 16 percent.
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Circuit City Stores Inc. (CC.N: Quote, Profile, Research) 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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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 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., the nation&#39;s No. 2 consumer electronics chain, reported a smaller-than-anticipated loss in the second quarter due to higher sales and fewer charges related to the sale of its bank-card business.
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Stocks to watch on Tuesday: CIRCUIT CITY STORES INC :
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Shares in Circuit City Stores Inc  plummeted 25 percent on Friday after the U.S. electronics retailer forecast a loss for the holiday shopping season.
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Circuit City Stores Inc. CC.N, the  No. 2 U.S. electronics retailer, on Wednesday reported a 5.8  percent drop in December sales at stores open at least a year  as customer traffic fell below last year's levels.
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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., the No. 2 US electronics chain, said its second-quarter loss narrowed to $11.9 million as the company sold more plasma-screen televisions and benefited from the acquisition of a Canadian retailer.
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Electronics retailer Circuit City Stores Inc. reported a $54.6 million first-quarter loss Wednesday and withdrew its financial guidance for fiscal 2008 as the company slashed jobs and restructured to fend of competition.
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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&#39;s top
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Circuit City Stores Inc.  on Friday reported a narrower quarterly loss from continuing operations as sales of higher-margin warranties and improved distribution helped offset weak merchandise sales.