Tag Archives: Bruce Johnson

Q2 Net Falls 56.6 Percent for Sears Hometown & Outlet Stores

SearsHometownAndOutlet

HOFFMAN ESTATES, Ill.-Increased expenses offset a slight uptick in sales for Sears Hometown & Outlet Stores, resulting in a shortfall in net income of 56.6 percent, to $9.1 million. Selling, general and administrative expenses were up 5.5 percent in dollars and 68 basis points as a percentage of sales, to 19.9 percent. The retail companyMore »