|Bid||2.1600 x 800|
|Ask||2.4200 x 900|
|Day's Range||2.2500 - 2.3700|
|52 Week Range||1.5700 - 3.3500|
|Beta (3Y Monthly)||0.48|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun 6, 2019 - Jun 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The board at Sears Hometown & Outlet Stores Inc. is meeting on Monday to discuss a possible liquidation, according to a filing, a move opposed by ESL Investments Inc., Eddie Lampert's hedge fund and a shareholder. ESL and its affiliates own about 58% of Sears Hometown shares. On April 8, Sears Hometown announced that it had received a bid from Transform Holdco for $2.25 per share for all of the outstanding stock ESL doesn't already own, which was countered with a proposed $9.50 per share price. ESL voiced its opposition to liquidation on Friday. "Any decision to liquidate the Hometown business would have a negative effect on Hometown owners and their families, who have supported the company for more than 25 years, along with their employees and the communities that they serve," says an ESL statement. ESL removed William Phelan and David Robbins from the Sears Hometown board according to the filing, and has appointed Alberto Franco and John Tober. It also changed the company bylaws so that liquidation can only happen after notice to shareholders and two votes at least 30 days apart with the support of at least 90% of directors. Sears Hometown shares have slumped 2.6% in Monday trading, but gained 5.6% for the year to date. THe S&P 500 index is up 15.7% for 2019 so far.
Sears Hometown and Outlet Stores wants to liquidate the Hometown portion of its business, in a move fought by majority stockholder Eddie Lampert.
Triad Business Journal has learned that the Florida-based supermarket chain will build a new store at Holly Hill Mall in Burlington on the site of a Sears store.
NEW YORK , April 8, 2019 /PRNewswire/ -- Wolf Popper LLP is investigating potential claims on behalf of investors in Sears Hometown and Outlet Stores, Inc. (Nasdaq: SHOS), concerning the proposed going ...
Sears Hometown and Outlet Stores Inc. said Eddie Lampert wants to buy the 40 percent of the company he doesn't already own for about $21 million.
Sears Hometown and Outlet Stores Inc. said Monday that it received a bid from Transform Holdco LLC to acquire all of the Sears Hometown & Outlet Store stock that isn't already owned by Eddie Lampert's hedge fund, ESL Investments Inc., and its affiliates. The bid is for $2.25 per share. Transform Holdco was created in January to purchase the remaining Sears Holdings Corp. assets in order to continue as a going concern. Sears Hometown & Outlet stores is focused on selling appliances, lawn care items, and other hardware. Sears is opening three small-format stores in May that will sell tools, appliances and other items, according to The Wall Street Journal. A special committee will review the latest proposal. It will only proceed with approval of the full board and the recommendation of the special committee. Sears Hometown & Outlet Stores shares surged 10.5% in Monday premarket trading, but have taken a 10.8% tumble in 2019 while the S&P 500 index has gained 15.4% for the period.
HOFFMAN ESTATES, Ill. , April 8, 2019 /PRNewswire/ -- Sears Hometown and Outlet Stores, Inc. ("our," "we," or the "Company") (NASDAQ: SHOS) today announced that it received ...
The Hoffman Estates, Illinois-based company said it had a loss of $1.33 per share. The appliance, hardware and tool retailer posted revenue of $298.5 million in the period. For the year, the company reported ...
HOFFMAN ESTATES, Ill., March 29, 2019 /PRNewswire/ -- Sears Hometown and Outlet Stores, Inc. ("SHO," "our," "we," or the "Company") (SHOS) today reported results for its fiscal year and quarter ended February 2, 2019.
The owners of Stoneridge Shopping Center proposed replacing Sears with a movie theater, grocery store and health club, plus retail.
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders Read More...
Underperforming chains go under the microscope and gutted big-box stores get new life as retailers continue to shrink brick-and-mortar footprints.
Every investor in Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see Read More...
The Hoffman Estates, Illinois-based company said it had a loss of 20 cents per share. The appliance, hardware and tool retailer posted revenue of $339.1 million in the period. The company's shares closed ...
HOFFMAN ESTATES, Ill. , Dec. 7, 2018 /PRNewswire/ -- Sears Hometown and Outlet Stores, Inc. ("SHO," "our," "we," or the "Company") (NASDAQ: SHOS) today reported ...
Those stores finally showed some signs of recovery in the first half of fiscal 2018, but the recent bankruptcy filing may have undermined the momentum.
NEW YORK, Nov. 19, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Will Powell became the CEO of Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) in 2015. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we’ll Read More...
Sears Holdings Chairman Eddie Lampert is pushing ahead with a $21M bid to buy back its Sears Hometown and Outlet Stores. Yahoo Finance's Alexis Christoforous and Brian Sozzi discuss.