Wednesday, April 4, 2007

UPDATE 1-Circuit City posts quarterly loss

(Reuters) - ATLANTA, April 4 - Consumer electronics retailer Circuit City Stores Inc. reported a fourth-quarter loss on Wednesday as sales fell short of Wall Street estimates and it took charges to close stores.

The loss was $12.2 million, or 7 cents a diluted share, for the fourth quarter that ended Feb. 28, compared with a profit of $141.4 million, or 81 cents a share, a year earlier.


Read more at Reuters.com Market News

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