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Sears Holdings Corp. (SHLD) Message Board

  • onsl_99 onsl_99 Nov 15, 2012 6:08 PM Flag

    STILL no turn around

    Eddie is over his head and will go down with the ship taking Blaxwon_Capitol with him.

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    • Third Quarter Earnings Summary for big retailers:

      SHLD: A weak economy continues to hurt demand. In the latest period, overall domestic same-store sales declined 3.1%, while same-store sales slipped 1.6% at the Sears chain and 4.8% at Kmart. Sears Canada's same store sales also declined by 5.7%

      TARGET: "We’re pleased with Target’s third quarter financial performance, which reflects superb execution across each of our business segments, Sales increased 3.4 percent to $16.6 billion in third quarter 2012 from $16.1 billion last year, reflecting a 2.9 percent increase in comparable-store sales combined with the contribution from new stores."

      Walmart: "We’re very pleased with our financial performance for the third quarter and the dedication and hard work of our associates serving Walmart customers and communities around the world,” said Mike Duke, Wal-Mart Stores, Inc. president. Net sales were $113.2 billion, a 3.4 percent increase over last year. Income from continuing operations attributable to Walmart for the quarter was $3.6 billion, up 8.7 percent from the third quarter last year."

33.09-0.29(-0.87%)Aug 22 4:00 PMEDT

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