Sears Falls Despite Q3 Beat
Shares of Sears Holdings (SHLD) were recently falling more than 6% in after hours trading, despite a better-than-expected third-quarter earnings report, as sales trends worried investors. For the quarter, Sears reported a loss of $1.99 per share, well ahead of the loss of $2.32 that analysts had forecasted. Revenue slumped 5.8% to $8.86 billion, compared [...]
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