New York, September 11, 2014 -- Moody's Investors Service said today that RadioShack Corporation's (Caa2 negative) anticipated recapitalization plan which it expects to announce in the near term will not by itself solve the company's primary problem which is anemic store traffic, margin erosion and chronic revenue declines. The anticipated recapitalization will buy the company additional time to implement its turnaround strategy particularly store closures but unless management is successful in stabilizing the company's margins and reverse the precipitous revenue declines we expect the company to find itself in the same precarious position it is in today in about 12-18 months.
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