Sears Holdings (SHLD) Posts Wider-than-Expected Q1 Loss of $2.15/Share, Revenues Top Views

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Sears Holdings Reports First Quarter 2017 Results

May 25, 2017 6:00 AM EDT

HOFFMAN ESTATES, Ill., May 25, 2017 /PRNewswire/ -- Sears Holdings Corporation ("Holdings," "we," "us," "our," or the "Company") (NASDAQ: SHLD) today announced financial results for its first quarter ended April 29, 2017. 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 net income attributable to Holdings' shareholders of $244 million ($2.28 earnings per diluted share) for the first quarter of 2017 compared to a net loss attributable to Holdings' shareholders of $471 million ($4.41 loss per diluted share) for the prior... More