Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
Well there goes the saying ...
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 ...
0 ·
Comments
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.
Via the mail
Assuming you actually work, it CAN'T be in any financial field. Holey fuck.
BRB, JO