InterTAN Reports Sales for April
06 May 2004 - 9:30PM
PR Newswire (US)
InterTAN Reports Sales for April ONTARIO, Canada, May 6
/PRNewswire-FirstCall/ -- InterTAN, Inc. (NYSE: ITN; TSX: ITA), a
leading consumer electronics retailer of both private label and
internationally branded products, today announced that sales of its
Canadian subsidiary in U.S. dollars for the month of April were
$31,949,000. Measured in local currency, total sales were up 5%
compared with the prior year period. On a comparable store basis,
sales for the month increased by 3% compared with the same period a
year ago. "April sales continued to be on pace with our
expectations, with generally better performances in areas with
higher gross profit," commented Brian E. Levy, President and Chief
Executive Officer. InterTAN, Inc., headquartered in Barrie,
Ontario, operates through approximately 990 company retail stores
and dealer outlets in Canada under the trade names RadioShack(R),
Rogers Plus(R), and Battery Plus(R). Certain information disclosed
in this press release, including, among others, statements
regarding better performances in areas with higher gross profit,
and the Company in general, constitutes forward-looking statements
that involve risks and uncertainties. Important factors that could
cause actual results to differ materially from those in the
forward-looking statements include, but are not limited to,
consumer demand and preferences, product availability, development
of new technology, general economic conditions, and other risks
indicated in filings with the Securities and Exchange Commission
such as InterTAN's previously filed periodic reports, including its
Form 10-K for the 2003 fiscal year. DATASOURCE: InterTAN, Inc.
CONTACT: James P. Maddox, C.A., Vice President and Chief Financial
Officer of InterTAN, Inc., +1-705-728-7111 Web site:
http://www.intertan.com/
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