The prevalent weakness in mobile business and consumer electronics has weighed down heavily on the performance of RadioShack Corporation (NYSE:RSH), as the retailer released its first quarterly reports stating wider than expected net loss and revenue slump. RadioShack Corporation (NYSE:RSH) reported a net loss of $98.3 million, or $(0.97) per share during the first quarter, widely losing to beat the market consensus of (0.52) per share. Revenues, too, nosedived by as much as 13% to $736.7 million over the last one year, as against the analyst estimate of $767.5 million. RadioShack Corporation (NYSE:RSH) stock opened today at $1.35 and is currently trading at $1.34. The stock showed a negative weekly performance of -0.72%.
Whole Foods Market (NASDAQ:WFM) has been reiterated as a “buy” with a B- score by analysts at TheStreet Ratings team. Whole Foods Market, Inc. (NASDAQ:WFM) stock opened at $41.60, in current trading session and currently is at $41.26, by losing -1.45%. The 52 week range of $37.02 – $65.59. Company’s market capitalization is 15.17 billion.
Costco Wholesale Corporation (NASDAQ:COST) continues to be a dominant retail wholesaler based on the range and quality of merchandise it offers. The company’s strategy of selling products at heavily discounted prices has helped it maintain growth amid beleaguered economic conditions as budget-conscious customers continue to see it as a viable option for low-cost necessities. Costco Wholesale Corporation (NASDAQ:COST) stock is currently trading at $116.38. The EPS of the stock is 4.47. Company’s market capitalization is 51.01 billion.
Best Buy Co Inc (NYSE:BBY) and RadioShack Corporation (NYSE:RSH) were pitted against each other in terms of the success they are getting in their turnaround efforts in a discussion Joe Feldman had with CNBC. Best Buy Co Inc. (NYSE:BBY) stock opened the session at $29.40, and now is at $29.18. The 52 week range of the Best Buy Co Inc. (NYSE:BBY) stock remained $22.15 – $44.66 and the day range was $29.09 – $29.47.
Aeropostale Inc. (NYSE:ARO) announced Net loss was $76.8 million, or $0.98 per diluted share, for the first quarter of 2014, compared to net loss of $12.2 million, or $0.16 per diluted share, for the first quarter of 2013. Aeropostale Inc. (NYSE:ARO) stock opened today at $3.43 and is currently trading at $3.39. The stock showed a negative weekly performance of -0.86%.