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Monday, August 3, 2015

Sears to make first profit since 2012. But don't be fooled - Aug. 3, 2015

Sears is about to book its first profit since 2012.



But don't be fooled. Sears Holdings (SHLD) is in terrible shape. Sales at its two flagship brands -- Sears and Kmart -- are still tumbling. The only reason it's making money in the second quarter is because of a complex financial transaction involving its real estate holdings.



Sears to make first profit since 2012. But don't be fooled - Aug. 3, 2015

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