Sears Holdings (SHLD) Smacked on Expected Weak Sales

July 12, 2012 10:27 AM EDT Send to a Friend
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Price: $50.25 -13.62%

Rating Summary:
    0 Buy, 0 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 13
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Sears Holdings (Nasdaq: SHLD) is sharply under-performing the retail sector today following negative comments from analysts at a boutique Midwest research firm.

The firm said comps may have falling in the mid-sigle digits in June. They sees Q2 comps down 5%.

Shares of SHLD are down 7 percent, versus the 2 percent slide in the SPDR S&P Retail (NYSE: XRT).


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