Sears Holdings (SHLD) Prelim. Q4, FY15 Revs Light of Expectations
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Sears Holdings Provides Fourth Quarter Financial Update
February 9, 2016 6:01 AM ESTHOFFMAN ESTATES, Ill., Feb. 9, 2016 /PRNewswire/ -- Sears Holdings Corporation ("Holdings," "we," "us," "our," or the "Company") (NASDAQ: SHLD) today is providing an update on our fourth quarter performance, financial position and actions intended to enhance our liquidity and business operations.
Estimated Fourth Quarter Performance
We entered the holiday selling season with key product offerings and promotions intended to build engagement with our members and provide them with the best experience possible. The holiday selling season proved to be challenging, with historically warm weather and intense competition pressuring margins... More
