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Sears reports 4Q loss

Sears reports 4Q loss

HOFFMAN ESTATES, Ill. (AP) — Sears Holdings Corp. (SHLD) on Thursday reported a loss of $607 million in its fiscal fourth quarter.

On a per-share basis, the Hoffman Estates, Illinois-based company said it had a loss of $5.67. Losses, adjusted for one-time gains and costs, were $1.28 per share.

The department store operator posted revenue of $6.05 billion in the period.

Sears shares have dropped 19 percent since the beginning of the year. The stock has declined 58 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHLD at https://www.zacks.com/ap/SHLD

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Keywords: Sears Holdings, Earnings Report, Priority Earnings


Updated : 2021-07-26 07:43 GMT+08:00