Sears reports 1Q loss

AP News
Posted: Jun 08, 2015 6:30 AM

HOFFMAN ESTATES, Ill. (AP) — Sears Holdings Corp. (SHLD) on Monday reported a loss of $303 million in its fiscal first quarter.

On a per-share basis, the Hoffman Estates, Illinois-based company said it had a loss of $2.85. Losses, adjusted for one-time gains and costs, were $2 per share.

The department store operator posted revenue of $5.88 billion in the period.

Sears shares have increased 24 percent since the beginning of the year. The stock has dropped slightly in the last 12 months.

Hold The Damn Vote Already
Derek Hunter


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