The Sears Horror Gets Worse

Highlights of the latest round of the Sears horror show include:

Year-to-Year revenues fell by nearly one third (-31.15%) in 2nd Quarter 2018.

Sears achieved an “operating income” of -$237 million on May 5, 2018.

That gave Sears a net income of -$424 million on the same day.

Sears actually achieved negative a “free cash flow” of $-1 billion on May 5, 2018.

Read more