GREY:SRSCQ - Post by User
Post by
freckledon Dec 04, 2015 6:29pm
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Post# 24356498
loss of 53 million for quarter 3
loss of 53 million for quarter 3
They lost 53 million for quarter 3, not as much as 2014 in quarter 3. But you have to remember they had an overall operating loss in 2014. The company will still have about 300 million in cash...but unless they stem the losses that will burn up really quick. I doubt they will post a profit this year, regardless of how much real estate they sell. 1 more year and the name Sears should be gone from the retail landscape.