Yes, they earned a profit through good inventory management but sales declined 10%. That top end number is representative of the loss of demand in the economy. Oh look, same store sales fell by 11%. So, on the whole, they're not selling as much shit now as they used to.
the real news for sears was they got more loans..big deal, we celebrate the fact that they where able to incure more dept.. thats america. the so called earngs was only up like a matter of millions,..not billions. they will be down tomorrow big.. they are one of the worst financially cituated companies on the board.