Sears Holdings Corp.'s fourth-quarter earnings fell Replica Chanel Watches as declining sales at its namesake stores continued to more than offset growth at its Kmart chain. For the quarter ended Jan. 29, Sears reported a profit of Replica Rolex Watches a share, down from $430 million, or $3.74 a share, a year earlier. Excluding restructuring-related charges and other items, earnings were down at Replica Ulysse Nardin Watches. The company in January expected $3.39 to $4.12 a share, ahead of estimates at the time. Revenue decreased Discount Richard Mille on fewer stores, though the figure beat analysts' expectations. The retailer's results have been mixed lately. Sears Holdings has cut costs, but in addition to losing share to rivals, same-store sales have declined as consumers have been spending less on appliances and tools amid a weak housing market, as well as other big-ticket items such as electronics. In the latest quarter, domestic same-store sales dropped 1.2% overall, including 4.5% at Sears in the U.S. and 2.5% growth at Kmart. Sears on Wednesday chose a new chief executive after a three-year search--Lou D'Ambrosio, a long-time technology executive who had been consulting with the company. The growth at Kmart was driven by increases in most categories, particularly apparel, footwear, jewelry, sporting goods and toys, partially offset by declines in the food and consumables and pharmacy groups.
Commentaires
Il n'y a aucun commentaire sur cet article.