By  on May 19, 2011

Sears Holdings Corp. on Thursday reported a first-quarter loss consistent with the company’s warning earlier this month that it would post a bigger-than-expected loss for the three-month period.


For the quarter ended April 30, the loss attributable to shareholders was $170 million, or $1.58 a diluted share, against income of $16 million, or 14 cents, last year.The company had said to expect a first-quarter loss of between $145 million and $195 million.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus