While fireworks are likely in the shares of Sears Holdings (SHLD) after the company reports earnings before the open today, there has been a virtual blackout as far as research is concerned ahead of the report. There are only five EPS estimates creating the First Call consensus of $1.69. The estimates range from $1.46 to […]
Sears Holdings (SHLD) will have reported earnings by the time you read this. Since I get a lot out of writing previews by setting my own expectations and understanding the setup in the shares, I am posting a preview anyhow. Hopefully, this note will help you put the reported figures in perspective. SHLD accelerated its […]
The Chicago Tribune took another shot at Sears Holdings (SHLD) this weekend with an article (free registration required) recapping a contractual dispute between the retailer and long-time Sears spokesperson Bob Vila. Noting that SHLD is in “demolition mode,” the article recaps CEO Eddie Lampert’s strategy to de-emphasize celebrity endorsers, focusing on the company’s attempt to […]
“Sears Sees Stingier the Side of Holiday Sales” “Dismal Christmas Puts Heat on Sears Chairman” “Retail Experts Doubt Lampert’s Strategies” The headlines in a front page story from last Friday in the Chicago Tribune scream of the demise of Sears Holdings (SHLD). And the Trib is not alone. Virtually every retail expert quoted anywhere thinks […]
Sears Holdings (SHLD) 2Q06 earnings for the quarter ending July 30, 2005 disappointed investors leading to a decline of 5.2% in the shares on Thursday. To get a sense of what the Street was expecting please take a look at my preview note posted yesterday. The main disappointment in the quarter was on the top […]
Northlake clients remain long Sears Holding (SHLD) ahead of second quarter earnings due to be reported before the open tomorrow. The company is not expected to host a conference call but will release a 10Q and probably a note from Eddie Lampert along with the earnings. Current client positions in SHLD are on the small […]
Just a brief note to let everyone know that I sold half of client and personal holdings in Sears Holdings as the stock crossed $160 on Tuesday afternoon. I still think this momentum stock can go nicely higher as traders react to news flow including asset sales, better same store sales against easy comps and […]
I bought shares in Sears Holdings (SHLD) (formerly KMart) on Monday for the first time in six months following the sharp pullback in the stock after the company reported first-quarter earnings. Current holdings were maintained as the new shares were placed in client accounts who had not previously owned SHLD. When it was issued, I […]
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