The Latest Numbers Show Sears Holdings Continuing to Flounder

Whether you die slowly or quickly, at the end, you're still dead.

Since 2011, Sears Holdings (NASDAQ: SHLD) has had only three profitable quarters. In fact, over the last five years the chain has lost $7.2 billion in sales and it remains on track for a loss of over $1 billion through normal operations this year. The numbers are actually worse than they appear because Sears has generated cash through one-time events like selling real estate, and its Craftsman Tools brand, slowly trimming its assets while its long-term debt rises.

The company has also been getting steadily smaller as its revenues have shrunk each year both through a loss of sales and through closing locations. The trends have continued into 2017.

Source: Fool.com