InterTAN Reports Sales for February
March 04 2004 - 5:30AM
PR Newswire (US)
InterTAN Reports Sales for February TORONTO, March 4
/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 February were
$31,230,000. Measured in local currency, total sales were up 7%
compared with the prior year period. On a comparable store basis,
sales for the month increased by 5% compared with thesame period a
year ago. "We are pleased that consumers continue to respond
positively to our merchandising strategy," commented Brian E. Levy,
President and Chief Executive Officer. InterTAN, Inc.,
headquartered in Toronto, operates through approximately 980
company retail stores and dealer outlets in Canada under the trade
names RadioShack(R), Rogers Plus(R), and Battery Plus(R). InterTAN
will report its sales results for the month of March on April 8,
2004. Certain information disclosed in thispress release,
including, among others, statements regarding our merchandising
strategy, 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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