Sears January 4Q Information

Sears January 4Q Information -...

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Turnaround? Sears Sees Rise in Earnings (SHLD) Posted: January 11, 2011 at 9:58 am Sears  Holdings Corp. (NASDAQ: SHLD) today reported same-store  sales and estimated net income for its fourth fiscal quarter ending January 29th. Same-store sales at  Kmart and Sears stores were off a combined -1.7% for the month of December, off -1.1% for the  quarter to date, and off -1.6% for the year to date. But the company raised its income estimates for  the quarter and for the year substantially above analysts’ estimates. For the quarter, Sears expects EPS of $3.39-$4.12, compared with previous estimates of $3.09, and 
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This note was uploaded on 04/22/2011 for the course UBUS 311 taught by Professor Foxx during the Spring '08 term at Northern Illinois University.

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