Thursday, March 9, 2017
=Sears Holdings (SHLD) reported earnings on Thur 9 March 17 (b/o)
Sears Holdings (SHLD) shares soared before the bell after the struggling retailer posted a narrower-than-expected-loss for the holiday period. Revenue also topped estimates, but sales fell 17% from a year ago. Sears’ debt obligations nearly doubled from the prior year, despite its efforts to raise cash by selling off assets, such as its Craftsman brand.
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earnings,
earnings pops,
SHLD
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