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Well there goes the saying ...

topdawgnctopdawgnc Member Posts: 7,838
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Revenue cures all ills.

How in the fuck does a company (Sears) do 5.7 billion dollars in revenue ... and lose 471MM

I guess I'm surprised Sears does 5.7 billion in sales ...

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    sarktasticsarktastic Member Posts: 9,208
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    axe accounting
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    TierbsHsotBoobsTierbsHsotBoobs Member Posts: 39,680
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    Since your Google is broken:
    In all, for the quarter ended April 30, Sears reported a loss of $471 million, or $4.41 a share, compared with a loss of $303 million, or $2.85 a share, a year earlier. Excluding certain items, Sears’s adjusted loss shrunk to $1.86 a share from $2 a share.

    Revenue dropped 8.3% to $5.39 billion, mostly owing to the same-store sales decrease and having fewer Kmart and Sears full-line stores in operation. Of the year-over-year decline, $268 million was attributable to comparable-store declines, while $149 million of the decline was due to having fewer stores.
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    DerekJohnsonDerekJohnson Administrator, Swaye's Wigwam Posts: 60,087
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    topdawgnc said:

    Revenue cures all ills.

    How in the fuck does a company (Sears) do 5.7 billion dollars in revenue ... and lose 471MM

    I guess I'm surprised Sears does 5.7 billion in sales ...

    They should ask Scott Woodward
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    EwaDawgEwaDawg Member Posts: 3,992
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    edited May 2016

    Since your Google is broken:
    In all, for the quarter ended April 30, Sears reported a loss of $471 million, or $4.41 a share, compared with a loss of $303 million, or $2.85 a share, a year earlier. Excluding certain items, Sears’s adjusted loss shrunk to $1.86 a share from $2 a share.

    Revenue dropped 8.3% to $5.39 billion, mostly owing to the same-store sales decrease and having fewer Kmart and Sears full-line stores in operation. Of the year-over-year decline, $268 million was attributable to comparable-store declines, while $149 million of the decline was due to having fewer stores.

    They lost $471 million on $5.7 billion of sales because they didn't have enough sales? That's like saying CUOGS lost the latest apple cup because they didn't score enough points.

    Assuming you actually work, it CAN'T be in any financial field. Holey fuck.

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    topdawgnctopdawgnc Member Posts: 7,838
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    Since your Google is broken:
    In all, for the quarter ended April 30, Sears reported a loss of $471 million, or $4.41 a share, compared with a loss of $303 million, or $2.85 a share, a year earlier. Excluding certain items, Sears’s adjusted loss shrunk to $1.86 a share from $2 a share.

    Revenue dropped 8.3% to $5.39 billion, mostly owing to the same-store sales decrease and having fewer Kmart and Sears full-line stores in operation. Of the year-over-year decline, $268 million was attributable to comparable-store declines, while $149 million of the decline was due to having fewer stores.

    I thinks you misunderstood the sarcastic nature of my poast.
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    SoutherndawgSoutherndawg Member, Swaye's Wigwam Posts: 8,236
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    RIP
    image

    Chicago has needed common sense gun laws for a very long time
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    BennyBeaverBennyBeaver Member Posts: 13,333
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    Sears catalog.

    BRB, JO
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    KaepskneeKaepsknee Member Posts: 14,750
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    Since your Google is broken:
    In all, for the quarter ended April 30, Sears reported a loss of $471 million, or $4.41 a share, compared with a loss of $303 million, or $2.85 a share, a year earlier. Excluding certain items, Sears’s adjusted loss shrunk to $1.86 a share from $2 a share.

    Revenue dropped 8.3% to $5.39 billion, mostly owing to the same-store sales decrease and having fewer Kmart and Sears full-line stores in operation. Of the year-over-year decline, $268 million was attributable to comparable-store declines, while $149 million of the decline was due to having fewer stores.

    Not to worry, they'll make it up on even more volume in Q3
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    SledogSledog Member Posts: 30,831
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    RIP
    image

    Sears went gay long ago. No men's sporting products sold there now just cheap metrosexual shit.
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    topdawgnctopdawgnc Member Posts: 7,838
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    Sledog said:

    RIP
    image

    Sears went gay long ago. No men's sporting products sold there now just cheap metrosexual shit.
    Never thought I would see the day when someone would use metrosexual and Sears in the same sentence.

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    PurpleJPurpleJ Member, Swaye's Wigwam Posts: 36,529
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    Swaye's Wigwam
    I'm hearing this shit would never fly in a REAL corporation run by intelligent people!!!!
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    TurdBomberTurdBomber Member Posts: 19,752
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    Sears was the original Amazon.com

    Via the catalog store you drove into town to get your shit from when it finally arrived by train.

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