Sears stock crashes as earnings dwindle

Sears stock crashes as earnings dwindle

There are 3 comments on the South Florida Sun-Sentinel story from Nov 29, 2007, titled Sears stock crashes as earnings dwindle. In it, South Florida Sun-Sentinel reports that:

Sears Holdings Corp. stumbled to its worst performance yet under Edward Lampert, earning just $2 million in a dismal third quarter that heightened questions about his strategy and Sears' future as a retailer, ...

Join the discussion below, or Read more at South Florida Sun-Sentinel.

Jimbo

United States

#1 Nov 30, 2007
Sears and K-Mart are both dead elephants!
Eddy

Villa Angelica, Argentina

#2 Nov 30, 2007
Jimbo wrote:
Sears and K-Mart are both dead elephants!
Yeah with that Discover Card joke in the 90īs Sears was already dying. tell me anyone, in K Mart just what was that blue light special? Some chance to buy more junk at a better price?
Dan

Athens, TN

#4 Nov 22, 2008
No big surprise, I was a appliance tech, started as a lawn and garden tech for 9 years, Sears started bad decisions when they went from instore repairs to sending the equipment to a central hub, leaving out the customer/tech relations. All of these failed companies have one thing in common. CEO's with diplomas instead of common sense. Two years ago Sears stock was $180 a share. I'm glad I followed my common sense and never "invested" in their retirement programs and so on. The only way Sears will ever return from the ashes is get back to basics, especially when it comes to the repair side.

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