Sears Holdings Corp (SHLD) Loss Increases As Store Sales Decline

Mani

Published onNovember 21, 2013

Updated on May 13, 2021

Sears Holdings Corp (NASDAQ:SHLD) reported a wider loss in its third quarter as the ailing department store operator was hurt by weaker sales at its stores.

The results for the third quarter ended November 2, 2013 underscores the challenges Sears Holdings Corp (NASDAQ:SHLD) faces as it heads into the critical holiday shopping season which can contribute up to 40% of its annual revenue.

Sears posts net loss of $534 million

Net loss attributable to Holdings’ shareholders was $534 million or $5.03 loss per diluted...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Sears Holdings Corp (SHLD) Loss Increases As Store Sales Decline

Sears posts net loss of $534 million

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