|Bid||2.23 x 1000|
|Ask||2.32 x 9000|
|Day's range||2.21 - 2.36|
|52-week range||1.99 - 14.32|
|PE ratio (TTM)||N/A|
|Earnings date||23 May 2018 - 29 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2.00|
Sears Holdings’ (SHLD) fiscal 4Q17 adjusted EPS (earnings per share) of -$1.41 came in much lower than the adjusted EPS of $1.16 expected by analysts and lower than its adjusted EPS of -$1.28 in fiscal 4Q16.
Sears Holdings’ (SHLD) fiscal 4Q17 gross profit was $924 million, a fall of 28.2% compared to fiscal 4Q16. Sears’s gross margin contracted 20 bps (basis points) to 21.1%. A contraction of 140 bps in its merchandise sales margin offset the expansion of 120 bps it saw in its gross margin for services.
Sears Holdings (SHLD) has been in murky waters for quite some time now. Undeniably, Sears has been affected by the rise of e-commerce, but that’s not the only factor at play. Sears has been trying to boost its performance through underperforming store closures, cost cuts, debt financing, and asset sales.
Sears Holdings (SHLD) reported its fiscal 4Q17 results on March 14, 2018. Its revenue of $4.4 billion topped analysts’ consensus estimate of $3.9 billion, but on a YoY (year-over-year) basis, its revenue fell 27.7% driven by store closures. Kmart’s comps (comparable store sales) fell 12.2% in fiscal 4Q17, while Sears reported a comps fall of 18.1%.
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.
Toys R Us store closures will leave a surplus of unoccupied real estate on the market.
Sears Holdings said a key sales figure fell during the important holiday shopping season, but the struggling department store operator posted a profit for the quarter, mainly due to a tax benefit. Shares ...
Sears Holdings Corp. announced $540 million in new loan agreements and reported another dismal quarter in which sales fell by nearly a third as the retailer continued to close stores. Excluding the closures, sales at existing Sears stores fell 18.1% and 12.2% at Kmart locations for the three months ended Feb. 3. The results contrast with those of other retailers, including Macy’s Inc., Kohl’s Corp. and Nordstrom Inc., all of which reported higher sales for their year-end periods as consumer spending picked up over the holiday season.
Sears Holdings Corp. shares rose 7.4% in the extended session Wednesday after the company reported earnings. The company reported fiscal fourth-quarter net income of $182 million, or $1.69 a share, compared ...
Sears Holdings Corp. jumped 17 percent in late trading after the U.S. tax overhaul helped the ailing retailer post a rare quarterly profit.
Sears Holdings recently agreed to sell several more properties as it works to raise cash. Nevertheless, it's clear that the company is running out of assets to sell.
J.C. Penney is refinancing most of its near-term debt maturities to give itself time to capitalize on the potential demise of Sears and other struggling retailers.
Last quarter, Seritage Growth Properties paid the price as its main tenant -- Sears Holdings -- vacated numerous stores in the REIT's portfolio. However, Seritage continued to make strong progress signing up new tenants to replace Sears at higher rents.
Department-store chain Macy's on Tuesday reported fourth-quarter earnings that topped estimates, while revenue fell short of views.