HOFFMAN ESTATES, Ill. (AP) – Sears Holdings Corp. (SHLD) on Thursday reported fiscal second-quarter net income of $208 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Hoffman Estates, Illinois-based company said it had net income of $1.84. Losses, adjusted for non-recurring gains, came to $2.40 per share.
The department store operator posted revenue of $6.21 billion in the period.
Sears shares have declined 29 percent since the beginning of the year. The stock has fallen 34 percent in the last 12 months.
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