More on Sears Hometown and Outlet Stores' Q1 [Seeking Alpha]
SEARS HOMETOWN & OUTLET (SHOS)
US:NASDAQ Investor Relations:
searshometownstores.com
Company Research
Source: Seeking Alpha
More on Sears Hometown and Outlet Stores' Q1Sears Hometown and Outlet (NASDAQ:SHOS) reports comparable-store sales fell 10.5% inQ1.Comp for Hometown and Outlet decreased 11.6% and 8.3%.Segment sales: Hometown:$253.7M (-14.6%); Outlet sales: $127.8M (-15.5%).Gross margin rate improved 200 bps to 22.9%.SG&A expense rate down 100 bps to 23.7%.Merchandise inventories down 10.7% to $332.45M.Store count -130 Y/Y to 882.Previously:Sears Hometown and Outlet reports Q1 results(June 8)See all stocks on the move »Now read:J.C. Penney: Which Recovery? »
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