Monday, September 1, 2014

Sears Holdings: Cost Burdens Weigh On The Stock


Summary

  • Another quarter, another disappointment from Sears Holdings.
  • Cost pressures drove losses higher.
  • Some silver linings existed in the details of the Q2 numbers that provide opportunities for the future.
Whether good or not, Sears Holdings (NASDAQ:SHLD) finally completed a quarter where revenue wasn't the real issue at the retailer. Sure the company saw a substantial decline in sales, but the majority of that decline came from shuttering stores and spinning off Lands' End (NASDAQ:LE). Most of the headlines from the media focused on the declining revenue trends and not the real issue which is duplicate costs for the online and promotional strategies to transform the retailer.

Read the full article at Seeking Alpha.


Disclosure: Long SHLD. Please review the disclaimer page for more details. 




No comments: