Sears Holdings posts profit of $208 million in second quarter

MarketsAssociated Press

Sears Holdings Corp. (SHLD) on Thursday reported fiscal second-quarter net income of $208 million, after reporting a loss in the same period a year earlier.

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On a per-share basis, the Hoffman Estates, Illinois-based company said it had net income of $1.84. Losses, adjusted for non-recurring gains, came to $2.40 per share.

The department store operator posted revenue of $6.21 billion in the period.

Sears shares have declined 29 percent since the beginning of the year. The stock has fallen 34 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 http://www.zacks.com/ap/SHLD

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