(Corrects third paragraph to say sales rose 1.2 percent, not fell 2 percent)
July 25 (Reuters) - RadioShack Corp reported a loss for the second quarter compared with a year-earlier profit, hurt by weak gross margins and said it would suspend dividend payments to reduce debt.
The electronics retailer reported a loss of $21 million, or 21 cents per share for the second quarter, compared with a profit of $24.9 million, or 24 cents per share, a year earlier.
Sales rose 1.2 percent to $953.2 million. (Reporting by Juhi Arora in Bangalore; Editing by Viraj Nair)