Share this on
Sears Holding projects 1Q loss
HTT Staff -- Home Textiles Today, 5/3/2011 1:36:27 PM
Hoffman Estates, Ill. - Sears Holding today said it expects to report a net loss for the first quarter of $145 million to $195 million.Comsolidated same-store sales fell 3.6% for the quarter ended April 30, with comps off 5.2% at U.S. Sears stores and 1.6% at Kmart units. Comps at Sears Canada declined 9.2%.
Appliances had the most notable same-store sales drop, the company said. The home department was among those that improved comp performance during the quarter.
Share this on
Talkback
We would love your feedback!
-
Quarterly Results Vary for Retailers
Oct 21, 2011 -
Sears Holding stumbles in 4Q
Feb 24, 2011 -
Sears Canada sees red ink in Q1
May 22, 2013 -
Third-quarter loss widens at Hudson's Bay Co.
Dec 12, 2012
Sponsored Links
Featured Company
-
Brandwise Inc.
Brandwise serves a model - not just an industry - by integrating, automating, and optimizing the entire sales channel, from wholesale Suppliers to their Reps and the Retailers they service. In short, our software helps Reps and Suppliers sell more and create... more
