Sears Holdings Reports Second Quarter 2018 Results
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Sears Holdings (SHLD) Reports Q2 Loss of $4.68/Share, Continues to Explore Ways to Unlock Value
September 13, 2018 4:38 PM EDT(Updated - September 13, 2018 4:47 PM EDT)
Sears Holdings (NASDAQ: SHLD) reported Q2 EPS of ($4.68), versus ($2.33) reported last year. Revenue for the quarter came in at $3.18 billion, versus $4.28 billion reported last year.
Adjusted EBITDA was $(112) million in the second quarter of 2018, as compared to $(66) million in the prior year second quarter.Strategic Actions
As previously announced on August 22, 2018, we identified 46 unprofitable stores which we expect to close during the fourth quarter of 2018, advancing the Company's ongoing efforts to streamline our operations, strengthen our capital position and focus on our... More
