Sears Hometown and Outlet Stores sinks after disappointing Q2

The Q2 results of Sears Hometown and Outlet Stores (SHOS -16.2%) weren't very impressive after Home Depot (HD -0.7%) and Lowe's (LOW -1.1%) showed considerable strength during an overlapping period. Though the mix of electronics at Sears Hometown dragged down results, some market share appears to have been lost as well in hardware and lawn/garden.

The company says it will focus on higher-margin appliance items in the back half of the year, a strategy that's been paying for retailers such as Conn's and Best Buy.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs