Sears Holdings (SHLD) Tops Q3 EPS Views; Updates on Strategic Initiatives

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Sears Holdings Reports Third Quarter 2016 Results

December 8, 2016 6:00 AM EST

HOFFMAN ESTATES, Ill., Dec. 8. 2016 /PRNewswire/ -- Sears Holdings Corporation ("Holdings," "we," "us," "our," or the "Company")(NASDAQ: SHLD) today announced financial results for its third quarter ended October 29, 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 a net loss attributable to Holdings' shareholders of $748 million ($6.99 loss per diluted share) for the third quarter of 2016 compared to a net loss attributable to Holdings' shareholders of $454 million ($4.26 loss per diluted share) for the... More