Sears reports 2Q loss

HOFFMAN ESTATES, Ill. (AP) — Sears Holdings Corp. on Thursday reported a loss of $251 million in its fiscal second quarter.

On a per-share basis, the Hoffman Estates, Illinois-based company said it had a loss of $2.34. Losses, adjusted for one-time gains and costs, came to $1.16 per share.

The department store operator posted revenue of $4.37 billion in the period.

Sears shares have dropped almost 8 percent since the beginning of the year. The stock has fallen 46 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHLD at https://www.zacks.com/ap/SHLD

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Keywords: Sears Holdings, Earnings Report, Priority Earnings

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