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RadioShack predicts earnings drop in Q4
FORT WORTH, Texas — RadioShack announced that preliminary net sales and operating revenues for the fourth quarter ended Dec. 31, 2011 increased approximately 6% to $1.39 billion compared with $1.31 billion for the fourth quarter last year. Comparable-store sales for company-operated stores increased approximately 2% during the 2011 fourth quarter.
The company said it expects diluted earnings per share for the 2011 fourth quarter to be in the range of 11 cents to 13 cents, compared with 51 cents per diluted share reported in the 2010 fourth quarter. -
Kohl's Cares with new designer line
MENOMONEE FALLS, Wis. — Kohl’s Department Stores announced that it has partnered with fashion designer Dana Buchman for an exclusive line of Kohl's Cares cause merchandise. The product line includes apparel, accessories and gifts, which can be found in all 40 Wisconsin Kohl’s stores and online at Kohls.com, with 100% of the net profit donated to support the fight against breast cancer. The collection is available now through the end of April.