Sears Holdings (SHLD) Reports Q1 Loss of $3.93, Beats on Revenues

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Go back to Sears Holdings (SHLD) Reports Q1 Loss of $3.93, Beats on Revenues

Sears Holdings Reports First Quarter 2018 Results

May 31, 2018 6:00 AM EDT

HOFFMAN ESTATES, Ill., May 31, 2018 /PRNewswire/ -- Sears Holdings Corporation ("Holdings," "we," "us," "our," or the "Company") (NASDAQ: SHLD) today announced financial results for its first quarter ended May 5, 2018. As a supplement to this announcement, a presentation and a pre-recorded conference and audio webcast are available at our website http://searsholdings.com/invest.

In summary, the Company reported a net loss attributable to Holdings' shareholders of $424 million ($3.93 loss per diluted share) for the first quarter of 2018. This compares to net income attributable to Holdings' shareholders of $245 million ($2.29 earnings per... More