Sears Holdings Corporation (NASDAQ:SHLD) announced on Thursday that its first-quarter 2012 adjusted loss of 31 cents a share, improved than the Zacks Consensus estimates of a loss of 59 cents a share. The quarterly loss was much healthier than the previous year quarter loss of $1.34 per share. Including special items, the firm posted earnings of $1.78 a share evaluated with a loss of $1.53 a share reported in the previous-year quarter.
The robust bottom-line performance resulted from the firm’s enduring cost decrease and strengthening liquidity strategies beside with decreased inventory of $8.8 billion at the end of the quarter compared with $9.7 billion at the end of Q1 2011.
Sector analysis, over all services sector moved down, J.C. Penney Company, Inc. (NYSE:JCP) declined -3.03%, Macy’s, Inc. (NYSE:M) lost -4.99%, The TJX Companies, Inc. (NYSE:TJX) slipped -3.51%, Kohl’s Corporation (NYSE:KSS) dropped -0.90%, Saks Inc (NYSE:SKS) which also decreased -1.81% and Dillard’s, Inc. (NYSE:DDS) slid -4.94%.
Sears Holdings Corporation (NASDAQ:SHLD) after opening at $56.34 hit high price of $58.14 and then closed at $52.42 by surging +3.05% and on last session volume of 3.33 million shares was surprisingly higher than its average volume of 1.24 million shares.
The stock price volatility was 6.19% for a week and 5.76% for a month as well as price volatility’s Average True Range for 14 days was 3.21and its beta remained 1.96.
The liquidity measure in recent quarter results of the company was recorded 1.11 as current ratio and on the other side the debt to equity ratio was 0.82 and long-term debt to equity ratio also remained 0.49. The Company had total cash at hand $747.00 million and a book value per share as $40.39 in the most recent quarter.
SHLD generated revenue of 41.57 billion in the following twelve months and earned -$3113.00 million. The Company showed a negative -7.51% in the net profit margin and as well as in its operating margin which remained -3.61%. Company’s annual sales growth for the past five year was -4.75%.
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