Sears Holdings Reports $56 Million Loss


NEW YORK (AdAge.com) — Sears Holdings, the parent company of Sears, Roebuck & Co. and Kmart, reported a $56 million loss for the quarter ended May 3. Analysts had been expecting the company to post an 89% decline in earnings to 15 cents per share. Instead, the company posted a loss of 43 cents per share.

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