RadioShack Corporation Reports Fourth-Quarter and Full-Year 2011 Results
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_ FORT WORTH, Texas, Feb. 21, 2012 /PRNewswire/ -- RadioShack Corp. Total net sales and operating revenues from continuing operations for the 2011 fourth quarter increased 5.9% to $1.39 billion, compared to $1.31 billion for the 2010 fourth quarter. Net income for the 2011 fourth quarter was $11.9 million, or $0.12 per diluted share, compared with net income of $57.0 million, or $0.51 per diluted share, for the fourth quarter ended Dec. 31, 2010. RadioShack ended the fourth quarter with a cash balance of $591.7 million. Inventories stood at $744.4 million at the end of the quarter, up $20.7
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