India Broadband Forum

Admin · 06-25-06, 05:40 PM

Circuit City Stores returns to profitability
Circuit City Stores has come out with their revenue reports and the company has posted profits compared to losses last year.
The company gained due to high demand for high price items like flat-panel televisions. The news also helped the company gain in the stock market as the prices went up by around 3%.
Circuit City also stood by its forecast for sales growth of 7 percent to 11 percent for the year. The company posted net income of $6.4 million, or 4 cents per share. This was a much better performance compared to losses of $13.1 million, or 7 cents per share, a year earlier.
Revenues for the company were up to $2.62 billion, beating the average forecast of $2.48 billion.

just4kix · 08-26-09, 01:51 AM

Sorry to bump up a 3 year old thread.

On May 19, 2009, Systemax Inc. purchased the Circuit City brand and website. Systemax Inc. has been in business since 1949. Systemax Inc. is a leading multi-channel retailer of computers, electronics, and industrial products in North America and Europe. Systemax Inc. is a publicly traded company on the NYSE under the symbol SYX.

06-25-06, 05:40 PM	#1
Admin Join Date: Jan 2006 Location: New Delhi Age: 32 Posts: 4,700 Rep Power: 12	Circuit City Stores returns to profitability Circuit City Stores returns to profitability Circuit City Stores has come out with their revenue reports and the company has posted profits compared to losses last year. The company gained due to high demand for high price items like flat-panel televisions. The news also helped the company gain in the stock market as the prices went up by around 3%. Circuit City also stood by its forecast for sales growth of 7 percent to 11 percent for the year. The company posted net income of $6.4 million, or 4 cents per share. This was a much better performance compared to losses of $13.1 million, or 7 cents per share, a year earlier. Revenues for the company were up to $2.62 billion, beating the average forecast of $2.48 billion.

08-26-09, 01:51 AM	#2
just4kix Platinum Member Join Date: Dec 2007 Location: Pune Posts: 8,899 Blog Entries: 6 Rep Power: 19	Sorry to bump up a 3 year old thread. On May 19, 2009, Systemax Inc. purchased the Circuit City brand and website. Systemax Inc. has been in business since 1949. Systemax Inc. is a leading multi-channel retailer of computers, electronics, and industrial products in North America and Europe. Systemax Inc. is a publicly traded company on the NYSE under the symbol SYX. __________________ * Never argue with an idiot * To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. \| To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. \| To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. -------------------------------------------------------------------------------------------

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Raymond Apparel Ltd opens Zapp! stores targeting kids	Admin	News and Views from the Business World	0	06-25-06 05:34 PM
Unwiring Pune: Intel to help Pune become India’s first Wi-Fi enabled city	Admin	India Broadband and Telecom News	0	03-26-06 01:20 PM

India Broadband Forum

Circuit City Stores returns to profitability

Circuit City Stores returns to profitability

Similar Threads