Less and less profitable. $1.50 in earnings is only 300M in profit. A far cry from 1B+ in the past. The only reason EPS is even that high is because Sears has bought back almost half the outstanding shares over the past couple years.
Sears profitability will continue to decline unfortunately. Haha I agree, from all of the people I have talked to, they all seem to get caught up far too much on the technical side of things, when all one has to do is look at the fundamentals. The best way to learn whether or not it is a good investment is to walk into Lowes and observe, then walk into Sears and observe. Once the loyal customers of Sears die out there will be no more sears.