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Earnings Analysis: 
Circuit Posts a Loss versus Last-Year Profit
Author: 123jump.com Staff
123jump.com
Last Update: 12:54 PM EDT April 04 2007



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Circuit lost $12.2 million in the fourth quarter, hurt by charges related to store closings and slower sales growth related to falling flat-panel television prices and uneven demand for computer hardware. Monster still expects 2007 results to meet its earlier forecast. Best Buy reported a 18.5% jump in its quarterly profit on better-than-expected sales of flat-panel television sets, gaming and notebook computers. The Greenbrier swung to a loss on weak demand for some of its products.

 

 

 

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