Sears Hometown And Outlet Stores, Inc. Announces Release Date For 2012 Q4 And Fiscal Year Earnings Release And Annual Meeting

Sears Hometown And Outlet Stores, Inc. Announces Release Date For 2012 Q4 And
             Fiscal Year Earnings Release And Annual Meeting Date

PR Newswire

HOFFMAN ESTATES, Ill., March 6, 2013

HOFFMAN ESTATES, Ill., March 6, 2013 /PRNewswire/ --Sears Hometown and Outlet
Stores, Inc. (NASDAQ: SHOS) today announced that it intends to issue its 2012
fourth fiscal quarter and 2012 fiscal-year earnings release on March 12,
2013. The company also announced that it intends to hold its annual meeting
of stockholders on May 14, 2013 and to begin mailing its proxy statement and
related materials for the annual meeting on or about April 2, 2013. The
company also announced that March 21, 2013 has been fixed as the record date
for determination of stockholders entitled to notice of and to vote at the
annual meeting of stockholders.

Forward-Looking Statements

This news release contains forward-looking statements (the "forward looking
statements"). The forward-looking statements are subject to significant risks
and uncertainties that may cause our actual results, performance, and
achievements in the future to be materially different from the future results,
future performance, and future achievements expressed or implied by the
forward-looking statements. Forward-looking statements include, without
limitation, information concerning our future financial performance, business
strategy, plans, goals and objectives. The forward-looking statements are
based upon the current beliefs and expectations of our management. The
following factors, among others, could cause actual results to differ
materially from those set forth in the forward-looking statements: our
continued reliance on Sears Holdings for most products and services that are
important to the successful operation of our business; our potential need to
depend on Sears Holdings beyond the expiration or earlier termination by Sears
Holdings of certain of our agreements with Sears Holdings; our ability to
offer merchandise and services that our customers want, including those under
the KENMORE®, CRAFTSMAN®, and DIEHARD® brands (which brands are owned by
subsidiaries of Sears Holdings); the sale by Sears Holdings and its
subsidiaries to other retailers that compete with us of major home appliances
and other products branded with the Kenmore, Craftsman, or DieHard brands; our
ability to successfully manage our inventory levels and implement initiatives
to improve inventory management and other capabilities; competitive conditions
in the retail industry; worldwide economic conditions and business
uncertainty, the availability of consumer and commercial credit, changes in
consumer confidence, tastes, preferences and spending, and changes in vendor
relationships; the fact that our past performance generally, as reflected on
our historical financial statements, may not be indicative of our future
performance as a result of, among other things, the consolidation of Hometown
and Outlet into a single business entity, the Separation, operating as a
standalone business entity, and the impact of increased costs due to a
decrease in our purchasing power following the Separation and other losses of
benefits associated with being wholly owned by Sears Holdings and its
subsidiaries prior to the Separation; our agreements related to the rights
offering and Separation transactions and our continuing relationship with
Sears Holdings were negotiated while we were a subsidiary of Sears Holdings
and we may have received different terms from unaffiliated third parties;
anticipated limitations and restrictions in the Senior ABL Facility and
related agreements governing our indebtedness and our ability to service our
indebtedness; our ability to obtain additional financing on acceptable terms;
our dependence on independent dealers and independent franchisees to operate
their stores profitably and in a manner consistent with our concepts and
standards; our dependence on sources outside the U.S. for significant amounts
of our merchandise inventories; impairment charges for goodwill or fixed-asset
impairment for long-lived assets; our ability to attract, motivate and retain
key executives and other employees; the impact of increased costs associated
with being a public company; our ability to maintain effective internal
controls as a public company; our ability to realize the benefits that we
expect to achieve from the Separation; low trading volume of our common stock
due to limited liquidity or a lack of analyst coverage; the impact on our
common stock and our overall performance as a result of our principal
stockholders' ability to exert control over us; and other risks,
uncertainties, and factors discussed in our most recent Quarterly Report on
Form 10-Q and other filings with the Securities and Exchange Commission. We
intend the forward looking statements to speak only as of the date of this
news release, and we do not undertake to update or revise the forward-looking
statements as more information becomes available.

About Sears Hometown and Outlet Stores, Inc.

Sears Hometown and Outlet Stores, Inc. is a national retailer primarily
focused on selling home appliances, hardware, tools and lawn and garden
equipment. We operate through two segments--our Sears Hometown and Hardware
segment ("Hometown") and our Sears Outlet segment ("Outlet"). Our Hometown
stores are designed to provide our customers with in-store and online access
to a wide selection of national brands of home appliances, tools, lawn and
garden equipment, sporting goods and household goods, depending on the
particular format. Our Outlet stores are designed to provide our customers
with in-store and online access to new, one-of-a-kind, out-of-carton,
discontinued, obsolete, used, reconditioned, overstocked, and scratched and
dented products across a broad assortment of merchandise categories, including
home appliances, lawn and garden equipment, apparel, mattresses, sporting
goods and tools at prices that are significantly lower than manufacturers'
suggested retail prices. As of February 2, 2013, we and our dealers and
franchisees operated 1,245 stores across all 50 states as well as in Puerto
Rico and Bermuda. Our principal executive offices are located at 5500
Trillium Boulevard, Suite 501, Hoffman Estates, Illinois 60192 and our
telephone number is (847) 286-7000.

SOURCE Sears Hometown and Outlet Stores, Inc.

Contact: Steve Barnhart, Senior Vice President and Chief Financial Officer,
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