Circuit City Stores, Inc.
Stock Symbol: CC
9960 Mayland Drive
Circuit City Stores, Inc. Industry:
Circuit City Stores, Inc. Description:
Circuit City is a leading national retailer of brand-name consumer electronics, personal computers and entertainment software. With headquarters in Richmond, Va., Circuit City Stores, Inc. operates 611 Circuit City Superstores and 15 mall-based Circuit City Express stores, giving it more locations in more markets than any other consumer electronics specialty retailer.
Circuit City Stores, Inc. Financial Summary:
For the six months ended 31 August 2005, Circuit City Stores, Inc.'s revenues increased 7% to $4.79B. Net loss from continuing operations decreased 29% to $11.8M. Revenues reflect higher same-store sales, the acquisition of InterTan on 12 May 2004, and the opening of additional superstores. Lower losses also reflect a better absorption of selling, general, and administrative expenses and a decrease in stock-based compensation and remodeling costs.
Circuit City Stores, Inc. Business Summary:
Circuit City Stores, Inc. is a national retailer of brand-name consumer electronics, personal computers (PCs) and entertainment software. As of February 28, 2005, the Company operated 612 Superstores, five mall-based stores in 158 United States media markets, 966 retail stores and dealer outlets, which consisted of 521 stores operating under the trade name RadioShack, 331 dealer outlets, 88 Rogers Plus stores and 26 Battery Plus stores. In addition to the 966 retail stores and dealer outlets, Circuit City conducted business through 64 wholesale relationships. Products offered include video equipment, information technology products, audio equipment and entertainment software products. The Company operates in two segments: domestic segment and international segment. On May 12, 2004, Circuit City acquired InterTAN, Inc.