Wow it really sucks to be the Shack.
On Friday, RadioShack (nyse: RSH - news - people ) posted earning per share of 6 cents for the period, "well below" the analyst's estimate of 22 cents per share. The company's gross margin fell 209 basis points, which was in-line with expectations. Selling, general and administrative expenses as a percent of sales, however, beat the analyst's forecast "due to investment in higher store labor hours."
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