Sears reports 2Q loss

MarketsAssociated Press

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.

Continue Reading Below

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.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SHLD at


Keywords: Sears Holdings, Earnings Report, Priority Earnings