You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #8: Sears Holding swings to 1Q loss on markdowns [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread		 This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
ozymandius Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-29-08 05:37 AM
Response to Original message
8.  Sears Holding swings to 1Q loss on markdowns
HOFFMAN ESTATES, Ill. - Sears Holding says it swung to a loss in its first quarter as it increased promotions and markdowns to clear slow-moving merchandise.

The operator of Sears and Kmart stores says its first-quarter loss was $56 million, or 43 cents per share, compared with $223 million, or $1.45 per share a year earlier. On an adjusted basis it had a loss of 53 cents per share, compared with $1.15 per share in the same period last year.

http://news.yahoo.com/s/ap/20080529/ap_on_bi_ge/earns_sears_holding
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC