sears holding news and archive

Sears loss widens, but shares up 23 percent

Struggling retailer Sears Holdings Corp. Thursday reported a loss for the second quarter that widened from a year ago, however, the company reported an improvement in same-store sales. Shares were up 23 percent in after-hours trading. The company reported a second-quarter loss of 508 million dollars or $4.68 per share, wider than last year's...

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Sears posts quarterly loss, revenues down

Sears Holdings reported net loss attributable to Holdings' shareholders of 395 million dollars or 3.70 dollars loss per diluted share for the second quarter of 2016 compared to net income attributable to Holdings' shareholders of 208 million dollars or 1.84 dollars per diluted share for the prior year second quarter. Adjusted EBITDA of 191...

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Sears Q4 loss widens, revenues decline

Sears Holdings Corporation’s domestic adjusted EBITDA was 82 million dollars in the fourth quarter of 2015 compared to 125 million dollars in the prior year fourth quarter. Full year domestic adjusted EBITDA was 703 million dollars compared to 647 million dollars in the prior year. Net loss attributable to holdings' shareholders was 580 million...

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Sears comparable sales and revenues decline in Q3

Sears Holdings Corporation for its third quarter ended October 31, 2015 said that Kmart and Sears domestic comparable store sales declined 7.5 percent and 9.6 percent with more than half of the decline, the company said, coming from declines in apparel and consumer electronics, a lower margin category. However the company also witnessed fifth...

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Sears revenues decline but narrows loss in Q4

Revenues at Sears Holdings decreased about 2.5 billion dollars to 8.1 billion dollars for the quarter ended January 31, 2015, as compared to revenues of 10.6 billion dollars for the quarter ended February 1, 2014. Revenues decreased approximately 5 billion dollars to 31.2 billion dollars for the year ended January 31, 2015, as compared to...