Thread regarding Sears layoffs

Q1 LOSS

Does anyone care to make a guess on how much we lost this quarter?

In less than 37 days SHLD will report a loss of 400m-500m in true gaap numbers. Sure, Eddie will adjust those numbers to make it look better than it actually is, but the fact of the matter, SHLD will have to sell at least 60 more stores just to stay afloat to Q2.

Everyone should start dispersing those resumes.

by Anonymous
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Post ID: @OP+N5KHmxG
Comment! It's anonymous!

3 replies (most recent on top)

Shld i.e. Kmart Alzheimer's screenings probably cost the company less than 50K when Eddie will claim 300K. Cook the books.

by Anonymous
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Post ID: @1jzg+N5KHmxG

yes but how much of that $535m is actually hard cash that they have had to pay out v godwill right offs which dont hurt the bottom line?

by Anonymous
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Post ID: @1uio+N5KHmxG

Sears said the anticipated Generally Accepted Accounting GAAP loss will be in $535M range .

by xx
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Post ID: @1ffz+N5KHmxG

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