Sears reports 2Q loss
Sears Holdings Corp. (SHLD) on Thursday reported a fiscal second-quarter loss of $395 million, after reporting a profit in the same period a year earlier.
The Hoffman Estates, Illinois-based company said it had a loss of $3.70 per share. Losses, adjusted for non-recurring costs, came to $2.03 per share.
The department store operator posted revenue of $5.66 billion in the period.
Sears shares have decreased 29 percent since the beginning of the year. The stock has fallen 33 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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Keywords: Sears Holdings, Earnings Report, Priority Earnings