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RadioShack Buoyed by Digital Conversion

Stock quotes in this article: RSH , BBY , WMT  

The mandatory switch for all U.S. televisions to go digital in 2009 provided a boost for RadioShack(RSH Quote) in the first quarter.

The electronic retailer posted an 11% jump in earnings to $43.1 million or 34 cents a share, buoyed by strong sales of digital converter boxes. Analysts were expecting earnings of 22 cents.

Revenue in the quarter grew 5.6% to $1 billion. The company sold more than one million of the digital converter boxes during the quarter, which resulted in about $70 million in sales. ...

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