Sears Hometown (SHOS) Reports Q3 Loss of $0.17
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Sears Hometown And Outlet Stores, Inc. Reports Third Quarter 2015 Results
December 4, 2015 5:00 AM ESTHOFFMAN ESTATES, Ill., Dec. 4, 2015 /PRNewswire/ -- Sears Hometown and Outlet Stores, Inc. ("SHO" or "Company") (NASDAQ: SHOS) today reported results for its quarter ended October 31, 2015. Results for the third quarter included:
Operating loss was $7.5 million EPS was $(0.17) Adjusted EBITDA decreased to $(5.1) million Comparable store sales decreased 1.6%Will Powell, Chief Executive Officer and President, said, "Our comparable store sales decrease of 1.6% in the third quarter of 2015 was similar to the 1.4% decrease in the second quarter of 2015. However, our merchandise margin rate declined due to an... More
