Sears Holdings (SHLD) Slammed After Reporting Q2 Loss
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Price: $67.09 -0.83%
Financial Fact:
Interest expense: -105M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Interest expense: -105M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Shares of Sears Holdings Corporation (Nasdaq: SHLD) are down over 11% in pre-open action today after reporting a Q2 loss of $0.79, or $0.17 ex-items, versus the consensus of a $0.35 profit. Total revenues decreased $1.2 billion to $10.6 billion versus the consensus of $10.73 billion.
Sears Holdings said domestic comparable store sales declined 8.6% in the aggregate, with Sears Domestic comparable store sales declining 12.5% and Kmart comparable store sales declining 3.9% for the quarter.
Sears Holdings said domestic comparable store sales declined 8.6% in the aggregate, with Sears Domestic comparable store sales declining 12.5% and Kmart comparable store sales declining 3.9% for the quarter.
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