Radio Shack 2003 Annual Report Download - page 9

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SG&A expense control will be driven in large part by new labor scheduling technology, rent management initiatives, and
insurance control measures. All of these SG&A drivers made important financial impacts in 2003 and we will likely build upon
that momentum in 2004.
Though not a “glamorous” financial model with lots of top-line growth, the 2004 earnings model should resemble that of
2003. We intend to deliver double-digit operating and net income growth. Along the way, in 2004, we will plant seeds for
long-term sales growth, as I described earlier, in the form of technology innovation initiatives.
I thank you for your support of, and continuing interest in, RadioShack. I am committed to driving shareholder value for
you in the future. I look forward to another good year in 2004 and an even brighter future beyond.
RadioShack Executive Corporate Officers From left to right: DAVID EDMONDSON,President and Chief Operating Officer;LEONARD ROBERTS,
Chairman and Chief Executive Officer;MICHAEL NEWMAN,Senior Vice President and Chief Financial Officer
Sincerely,
LEONARD H. ROBERTS
Chairman and Chief Executive Officer