Tag Archives: Bruce Johnson

Sears Hometown & Outlet Q2 Net Falls 52.3 Percent

SearsHometownAndOutlet

HOFFMAN ESTATES, Ill.-Declining sales and rising expenses slashed Sears Hometown & Outlet Stores’ net income by 52.3 percent, to $3.4 million, in its second quarter ending on Aug. 2. Net sales were down 2.8 percent to $638.7 million, which included a drop of 6.3 percent in same-store sales. Bruce Johnson, the retailer’s president and CEO,More »

Last updated: September 9, 2014

Sears Hometown and Outlet Net Falls in Q1

SearsHometownAndOutlet

HOFFMAN ESTATES, Ill.-Lagging sales, especially for comparable stores, led to a 75.5 percent dropoff in first-quarter net income for Sears Hometown and Outlet Stores, to $3.7 million. Net sales in the quarter, which ended on May 3, were down 1.9 percent to $589.9 million. Same-store sales for the company as a whole fell 6.2 percent,More »

Last updated: June 6, 2014