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		<title>Today&#8217;s &#8220;WTF&#8221; Stock Moment</title>
		<link>https://phantasmix.com/todays-wtf-stock-moment/</link>
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		<pubDate>Thu, 21 May 2009 21:27:47 +0000</pubDate>
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					<description><![CDATA[<p>[[SHLD]] &#8211; Sears Holding Corporation The stock is up 22% in afterhours trading to $62. For the quarter ended May 2, the retailer reported profit</p>
<p>The post <a rel="nofollow" href="https://phantasmix.com/todays-wtf-stock-moment/">Today&#8217;s &#8220;WTF&#8221; Stock Moment</a> appeared first on <a rel="nofollow" href="https://phantasmix.com">Phantasmix.com</a>.</p>
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										<content:encoded><![CDATA[<p><strong>[[SHLD]] &#8211; Sears Holding Corporation</strong></p>
<p>The stock is up 22% in afterhours trading to $62.</p>
<blockquote><p>For the quarter ended May 2, the retailer reported profit of $26 million, or 21 cents a share, compared with a year-earlier loss of $56 million, or 43 cents a share, a year earlier. Revenue declined 9.2% to $10.06 billion, while sales at U.S. stores open at least a year fell 7.4%.</p>
<p>Analysts&#8217; estimates were for a loss of 88 cents a share on revenue of $10.06 billion, according to a poll by Thomson Reuters.</p>
<p>Gross margin rose to 28.6% from 27.3%, while inventory fell 8.2%. U.S. overhead costs fell 6.7%.</p></blockquote>
<p>Sears is such a sad place&#8230; I digress.</p>
<p>Current price-to-earnings ratio is 98 to 120, depending on the source and calculation method. And here are some other stats:</p>
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<p>The post <a rel="nofollow" href="https://phantasmix.com/todays-wtf-stock-moment/">Today&#8217;s &#8220;WTF&#8221; Stock Moment</a> appeared first on <a rel="nofollow" href="https://phantasmix.com">Phantasmix.com</a>.</p>
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