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RadioShack Thanksgiving Sales Top Internal Expectations

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RadioShack

(RSH)

said Thanksgiving weekend sales topped expectations on the strength of demand for digital audio, video and communications products.

The Fort Worth, Texas, company also said it could report double-digit same-store sales increases for November because of the strong sales seen throughout the month. The company, which expects to report November sales figures on Dec. 5, posted a 17% increase in same-store sales for the same period last year.

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Shares of Radioshack recently climbed 8.6%, or $4.25, to $53.50 in Big Board composite trading.