Sears Hometown (SHOS) Reports Q1 EPS of $0.09; Comps Fell 1.2%

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Go back to Sears Hometown (SHOS) Reports Q1 EPS of $0.09; Comps Fell 1.2%

Sears Hometown And Outlet Stores, Inc. Reports First Quarter 2015 Results

June 5, 2015 5:00 AM EDT

HOFFMAN ESTATES, Ill., June 5, 2015 /PRNewswire/ -- Sears Hometown and Outlet Stores, Inc. ("SHO" or "Company") (NASDAQ: SHOS) today reported results for its quarter ended May 2, 2015.  Results for the first quarter included:

Operating income decreased 36.9% to $4.0 million EPS decreased 43.8% to $0.09 Adjusted EBITDA decreased 16.1% to $7.2 million Comparable store sales decreased 1.2%

Bruce Johnson, Chief Executive Officer and President, said, "During the quarter our core operations, which exclude franchise sales, generated higher profits than recent quarters due to a more moderate promotional environment and good... More