Sears Holdings (SHLD) Posts Smaller Q1 Adjusted Loss

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Go back to Sears Holdings (SHLD) Posts Smaller Q1 Adjusted Loss

Sears Holdings Reports First Quarter 2016 Results And Other Corporate Developments

May 26, 2016 6:00 AM EDT

HOFFMAN ESTATES, Ill., May 26, 2016 /PRNewswire/ -- Sears Holdings Corporation ("Holdings," "we," "us," "our," or the "Company")(NASDAQ: SHLD) today announced financial results for its first quarter ended April 30, 2016. As a supplement to this announcement, a presentation, pre-recorded conference and audio webcast are available at our website http://searsholdings.com/invest.

In summary, we reported:

Reported net loss attributable to Holdings' shareholders of $471 million ($4.41 loss per diluted share) for the first quarter of 2016 compared to a net loss attributable to Holdings' shareholders of $303 million ($2.85 loss per... More