- Sears Holdings (SHLD) reports comparable-store sales growth of 0.1% in Q2. If the electronics category is backed out, the comp would have been 1.6%.
- Online and multi-channel sales +18% during the period.
- Gross margin -390 bps to 21.7%.
- SG&A expense ratio +60 bps to 26.4%.
- SHLD -1.2% premarket