RadioShack Corp., Fort Worth, Texas, reported net sales and operating revenues for the 2010 fourth quarter ended Dec. 31, 2010 increased 3.8 percent to $1.37 billion, compared to $1.32 billion for the 2009 fourth quarter. Net income for the fourth quarter decreased to $57.0 million, compared with net income of $75.7 million reported for the same period last year. Comparable same-store sales for U.S. company-operated stores and kiosks increased 1.3 percent during the 2010 fourth quarter, compared with the 2009 fourth quarter.
Total net sales and operating revenues for 2010 increased 4.6 percent to $4.47 billion, compared to $4.28 billion for the 2009 full year. Full-year net income for 2010 increased 1.1 percent to $206.1 million compared with net income of $205.0 million reported last year.