RADIOSHACK plans to close up to 1,100 of its underperforming stores in the US and has reported a wider loss for its fourth quarter as traffic slowed during the critical holiday season.
The stock tumbled more than 24 per cent in Tuesday premarket trading.
The store closings would leave RadioShack with more than 4,000 stores.
For the period ended December 31, the electronics retailer lost $US191.4 million ($A215.09 million), or $US1.90 per share.
That compares with a loss of $US63.3 million, or 63 UScents per share, a year earlier.
Excluding items, RadioShack Corp lost $US1.29 per share. Analysts expected a loss of 16 US cents per share.
Revenue declined to $US935.4 million from $US1.17 billion.
Sales at stores open at least a year fell 19 per cent on weaker traffic and the soft performance of its mobility business.
Analysts expected revenue of $US1.12 billion.
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