Sears lost $607 million last quarter, but Wall Street still likes it


CHICAGO — Sears shares were up more than 4 percent Thursday morning as the flailing retailer reported fourth-quarter and year-end earnings that beat Wall Street’s expectations. However, that doesn’t mean that revenues and income at the company aren’t continuing to slide. Sears, headquartered in suburban Chicago, said it lost $607 million, or $5.67 per share, in…


Sears lost 7 million last quarter, but Wall Street still likes it
Sears lost $607 million last quarter, but Wall Street still likes it

Comments

Loading Facebook Comments ...
Loading Disqus Comments ...