And reinvigorating sales in the second half of the year will be challenging, given the small-box format that renders the company uncompetitive in large items like plasma TVs, Ciccarelli thinks.
"In high value markets like the Northeast, RadioShack has had a tough time pulling people away from Verizon, " says RBC Capital Markets analyst Scot Ciccarelli, who downgraded shares to "underperform" last month.