Guess at least their spin-off company seems to be doing well this past quarter (Q2).
http://shos.com/wp-content/uploads/2018/09/FINAL-SHO-09.07.18-ER_8K.pdf
I had to do a double take to think that wait, SEARS IS MAKING MONEY?! Oh never mind, this has no real relation with Sears anymore so whatever good fortune they have has NOTHING to do with Sears proper. Lol.
Isn't it "funny" that once something is detached from Sears it seems to be more successful?! Hmmmm, weird!
SHOS is not profitable.They lost 40 cents a share. They just spun it is as we are failing at a slower rate.
@1vc - Would those words you were using happen to be "singing?" Just wondering.
S---ing less severely is STILL s---ing!
Profitability is when you make money not lose 9 million. Losing less is not a biz plan
They lost over $9 million in the second quarter. That's not horrible but it's not profitable.
Successful in a Borders/Wladenbooks/Sports Authority/Builders Square/Orchard Supply Hardware/Sears Canada kind of way.
The document in the link states "loss."
• Net loss decreased $20.1 million to $9.3 million from $29.4 million
• Loss per share decreased $0.89 to $0.41 loss per share from $1.30 loss per share
It's losing money