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Business Description
RadioShack Corporation primarily engages in the retail sale of consumer electronics through the RadioShack store chain. As of December 31, 2001, the Company operated 5,289 Company-owned stores located throughout the United States, as well as Puerto Rico and the Virgin Islands. These locations carry a broad assortment of both private-label and third-party branded products. The Company's product lines include electronic parts and accessories, cellular, personal communications system (PCS) and conventional telephones, audio and video equipment, direct-to-home (DTH) satellite systems and personal computers and related products, as well as specialized products, such as scanners and weather radios, among others. The Company also provides consumers access to third-party services such as cellular telephone and PCS activation, DTH satellite programming, long distance telephone service, Internet access, prepaid wireless airtime and extended warranties.

Financial Information
RSH is engaged in consumer electronics, computer, wireless communication and satellite systems retailing through Company-owned stores and dealer/franchise outlets. For the six months ended 06/02, sales fell 7% to $2.03 billion. Net income applicable to Common rose 26% to $107.1 million. Revenues reflect decreased sales of products and services. Net income reflects the absence of a $30 million Internet investment provision charge and $12.4 million in losses on sale of assets.