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UPDATE: Sears Reports Wider Third-Quarter Loss

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Sears Holdings (NASDAQ: SHLD) reported a wider fiscal third-quarter loss.

Sears posted a quarterly loss of $534 million, or $5.03 per share, versus a year-ago loss of $498 million, or $4.70 per share. Excluding one-time items, it lost $2.88 per share.

Its revenue declined 6.6% to $8.27 billion.

Sears shares closed at $61.70 yesterday.

Posted-In: lossEarnings News

 

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