Sears Hometown (SHOS) Reports Q2 EPS of $0.07

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Sears Hometown and Outlet Stores, Inc. Reports Second Quarter 2015 Results

September 4, 2015 6:00 AM EDT

HOFFMAN ESTATES, Ill., Sept. 4, 2015 /PRNewswire/ -- Sears Hometown and Outlet Stores, Inc. ("SHO" or "Company") (NASDAQ: SHOS) today reported results for its quarter ended August 1, 2015.  Results for the second quarter included:

Operating income decreased 48.7% to $3.0 million EPS decreased 53.3% to $0.07 Adjusted EBITDA increased 103.4% to $5.0 million Comparable store sales decreased 1.4%

Will Powell, Chief Executive Officer and President, said, "During the second quarter, the profitability of our core operations continued to show improvement over last year.  Adjusted EBITDA increased by $2.5 million for the second quarter and... More