Sears’ 1Q Loss Narrows
Posted on May 17, 2012 at 13:43 PM EDT
Sears Holdings Corporation (NASDAQ:SHLD) reported first-quarter 2012 adjusted loss of 31 cents per share, better than the Zacks Consensus Estimate of a loss of 59 cents per share. The quarterly loss was much better than the prior-year quarter loss of $1.34 per share. Including special items, the company reported earnings of $1.78 per share compared [...]

Sears Holdings Corporation (NASDAQ:SHLD) reported first-quarter 2012 adjusted loss of 31 cents per share, better than the Zacks Consensus Estimate of a loss of 59 cents per share. The quarterly loss was much better than the prior-year quarter loss of $1.34 per share. Including special items, the company reported earnings of $1.78 per share compared with a loss of $1.53 per share posted in the prior-year period.
The robust bottom-line performance resulted from the company’s ongoing cost reduction … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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