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Stock impact report

Sears Holdings' Bankruptcy Could Drag Sears Hometown and Outlet Stores Down With It [The Motley Fool]

SEARS HOMETOWN & OUTLET (SHOS) 
US:NASDAQ Investor Relations: searshometownstores.com
Company Research Source: The Motley Fool
Those stores finally showed some signs of recovery in the first half of fiscal 2018, but the recent bankruptcy filing may have undermined the momentum. Six years ago, Sears Holdings ( NASDAQOTH:SHLDQ ) spun off its mostly franchised small-town stores and its outlet stores as a separate publicly traded company: Sears Hometown and Outlet Stores ( NASDAQ:SHOS ) . Shares of the spinoff debuted at around $30 and prospered briefly, but it has been almost all downhill for the past five years. A combination of pricing pressure in Sears Hometown's core appliance market and general retail malaise has led to a long string of losses. For most of 2018, Sears Hometown and Outlet Stores stock has been trading for around $2. Sears Hometown and Outlet Stores Stock Performance, data by YCharts . Results have finally started to improve in 2018, raising the hopes of some Sears Hometown shareholders. However, Sears Holdings' recent bankruptcy filing represents a new blow Show less Read more
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