The Street -
20 Aug 2015 15:52
NEW YORK (TheStreet) -- Sears badly wants investors to believe it's on the comeback trail, but there are three key numbers that suggest otherwise. On Thursday, the beleaguered department store retailer boasted that it actually swung to a profit in the second quarter from an ugly loss a year ago. Reported net income was $208 million, improved from a $573 million loss a year earlier. Investors were initially happy about the results, sending shares up about 2.8% in pre-market trading on Thursday...
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