Sears Holdings (SHLD) Smacked on Expected Weak Sales
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Price: $67.09 -0.83%
Rating Summary:
0 Buy, 0 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
0 Buy, 0 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Sears Holdings (Nasdaq: SHLD) is sharply under-performing the retail sector today following negative comments from analysts at a boutique Midwest research firm.
The firm said comps may have falling in the mid-sigle digits in June. They sees Q2 comps down 5%.
Shares of SHLD are down 7 percent, versus the 2 percent slide in the SPDR S&P Retail (NYSE: XRT).
The firm said comps may have falling in the mid-sigle digits in June. They sees Q2 comps down 5%.
Shares of SHLD are down 7 percent, versus the 2 percent slide in the SPDR S&P Retail (NYSE: XRT).
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