Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Tracy Young - JPMorgan.
Tracy Young - JPMorgan
Okay, I have two questions for Bruce and two questions for Caroline. For Bruce, can you tell us what retail, auto and telecom are down for second quarter and also can you talk about the market shares first that you saw in Philadelphia and some of the performance that you have seen and then to Caroline, can you talk about your things in CapEx side and then also on the interest expense. The interest expense guidance you are giving for the third quarter is somewhat to what I was expecting so I am wondering why the decline in second quarter thing.
Bruce Beasley
Tracy, I am going to let Caroline take those two questions you post to me because she is going to have some numbers that we are going to have to pull out for you really quick.
Caroline Beasley
Tracy, I did not hear the second one but the first question was you wanted to know how much retail and auto was down and telecom. Retail in second quarter was down 20% for us although it was down 28% and telecom was down 20%.
Tracy Young - JPMorgan
In Philadelphia?
Caroline Beasley
In Philadelphia?
Bruce Beasley
Are you looking for the market share revenue wise, Tracy?
Tracy Young - JPMorgan
Yes, I just normally you give some detail in how you perform in different markets in Philadelphia. Obviously you are up from the market so any detail you could give?
Caroline Beasley
Okay, our share obviously grew. I will have to; I will get that really quickly for you because I do not have it here.
Tracy Young - JPMorgan
For Bruce, if you could talk about some station performance?
Bruce Beasley
Well, we receive the performance at both Wired and WXTU. They are both contributing well to the overall performance of our cluster there and I think Caroline has these numbers you are looking for.
Caroline Beasley
Okay, so the shares for the second quarter growth are 9.4% last year to 9.9% this year.
Caroline Beasley
CapEx, we did reduce at $1.5 million and that is primarily due to just projects moving into next year and it is just for whatever reasons they have been delayed till next year. They are large projects and things are not coming together this year as we have expected but they have to be postponed till next year.
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