Sears Holdings (SHLD) Smacked on Expected Weak Sales

July 12, 2012 10:27 AM EDT
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Price: $63.01 +0.41%

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    0 Buy, 0 Hold, 3 Sell

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    Up: 8 | Down: 12 | New: 5
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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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