Sears Stock Falls on Mixed Fiscal 4Q17 Results
Sears Holdings’ (SHLD) stock price fell 6.6% on March 15, 2018, following the announcement of its fiscal 4Q17 (the quarter that ended on February 3, 2018) results after the market closed on March 14. Sears’s revenue of $4.4 billion easily beat analysts’ consensus estimate of $3.9 billion, but its bottom line took a beating. Sears stock has been declining for a long time now.