RadioShack Slides as Margins Decline

Additionally, operating income was $64.2 million, down from $74.6 million in the prior year.

Shares of RadioShack were losing $2.38, or 13.6%, to $15.12. Among other consumer-electronics retailers, Circuit City (CC Quote - Cramer on CC - Stock Picks) fell 2.6% to $4.57, while Best Buy (BBY Quote - Cramer on BBY - Stock Picks) was higher by 0.5% at $45.32.

Looking at retailers more broadly, Wal-Mart (WMT Quote - Cramer on WMT - Stock Picks) tacked on 0.1% to $57.69, Target (TGT Quote - Cramer on TGT - Stock Picks) was off 0.1% to $53.92 and Costco (COST Quote - Cramer on COST - Stock Picks) was down 0.4% to $71.24.