Sears Holdings (SHLD) Posts Smaller-Than-Expected Q3 Loss, Revenues Beat

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Sears Holdings Reports Third Quarter 2017 Results

November 30, 2017 6:00 AM EST

HOFFMAN ESTATES, Ill., Nov. 30, 2017 /PRNewswire/ -- Sears Holdings Corporation ("Holdings," "we," "us," "our," or the "Company") (NASDAQ: SHLD) today announced financial results for its third quarter ended October 28, 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 a net loss attributable to Holdings' shareholders of $558 million ($5.19 loss per diluted share) for the third quarter of 2017 compared to a net loss of $748 million ($6.99 loss per diluted share) for the third quarter of 2016, an improvement of $190... More