Sears Hometown (SHOS) Reports Q4 Loss of $1.33/Share

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Sears Hometown And Outlet Stores, Inc. Reports Fourth Quarter And Fiscal Year 2018 Results

March 29, 2019 5:00 AM EDT

HOFFMAN ESTATES, Ill., March 29, 2019 /PRNewswire/ -- Sears Hometown and Outlet Stores, Inc. ("SHO," "our," "we," or the "Company") (NASDAQ: SHOS) today reported results for its fiscal year and quarter ended February 2, 2019.

Overview of Unaudited Results

Results for the fourth fiscal quarter of 2018 compared to the fourth fiscal quarter of 2017 included:

Net loss decreased $3.0 million to $30.3 million from $33.2 million Loss per share decreased $0.13 to $1.33 loss per share from $1.46 loss per share Comparable store sales decreased 8.5% Adjusted EBITDA improved $6.9 million to $5.5 million loss from... More