You clearly would not want to buy an extended warranty from this Company unless is was guaranteed by a reputible 3rd party.
imo, gonna go from a cash generator to a cash user.
Not sure what happens to improve results. Looks like the Chief Merchant was the Fall Girl.
Either exiting all together or converting to an Independent Appliance Store. Not sure the 'Sears' branding really provides much leverage at all.
Not sure how long SHLD can bail them out. Now that Suppliers have cut credit dollars and timelines, SHLD is no longer making a fortune on the float from sales to SHOS. This is a bad story getting worse every day.
Wait until you see how much all the negative publicity effects this quarters business. Likely not a good thing for sales.
Gotta become a huge issue for SHLD at some point in time. Plus the 'float' they gained from having longer terms from Vendors that the amount of days they extended to Hometown Franchiees, is quickly going to zero.
Think the model needs lots of work.
expect a retreat to new lows next week.
This is not a Retail Company. It is a basket of real estate assets waiting to be monetized. Anybody buying this Stock because they believe they will be an ongoing retail concern has #$%$ for brains.