marketmadhouse.com
The Sears Horror Gets Worse - Market Mad House
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.
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