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Last $41.13 USD
Change Today -0.52 / -1.25%
Volume 417.7K
SHLD On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

sears holdings corp (SHLD) Snapshot

Open
$41.52
Previous Close
$41.65
Day High
$42.43
Day Low
$40.75
52 Week High
11/7/14 - $48.25
52 Week Low
09/25/14 - $22.42
Market Cap
4.4B
Average Volume 10 Days
452.3K
EPS TTM
$-13.26
Shares Outstanding
106.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SEARS HOLDINGS CORP (SHLD)

sears holdings corp (SHLD) Details

Sears Holdings Corporation operates as a retailer in the United States. It operates in two segments, Kmart and Sears Domestic. The Kmart segment operates retail stores that offer a range of products, including consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables, and apparel; and in-store pharmacies. It provides merchandise under the Jaclyn Smith, Joe Boxer, and Alphaline labels; Sears brand products, such as Kenmore, Craftsman, and DieHard; and Kenmore-branded products. As of January 31, 2015, this segment operated approximately 979 Kmart stores located across 49 states, Guam, Puerto Rico, and the U.S. Virgin Islands. The Sears Domestic segment operates stores that provide appliances, consumer electronics/connected solutions, tools, sporting goods, outdoor living, lawn and garden equipment, apparel, footwear, jewelry, and accessories, as well as automotive services and products, such as tires, batteries, and home fashion products. It also offers appliances and services to commercial customers in the single-family residential construction/remodel, property management, multi-family new construction, and government/military sectors; appliance and plumbing fixtures to architects, designers, and new construction or remodeling customers; parts and repair services for appliances, lawn and garden equipment, consumer electronics, floor care products, and heating and cooling systems; and home improvement services, as well as protection agreements and product installation services. This segment provides merchandise under the Kenmore, Craftsman, DieHard, Covington, Canyon River Blues, Metaphor, Outdoor Life, Structure, and Apostrophe brands, as well as under the Roadhandler, Ty Pennington Style, and Alphaline brands. As of January 31, 2015, this segment operated 717 full-line stores located across 50 states and Puerto Rico. Sears Holdings Corporation was founded in 1899 and is based in Hoffman Estates, Illinois.

196,000 Employees
Last Reported Date: 03/17/15
Founded in 1899

sears holdings corp (SHLD) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.0
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $800.0K
Senior Vice President and President of Home A...
Total Annual Compensation: $1.6M
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $950.0K
Compensation as of Fiscal Year 2014.

sears holdings corp (SHLD) Key Developments

Sears Holdings Announces Remaining Stores Included in Primark Lease Agreement

Sears Holdings Corporation entered into lease agreements previously, with Primark for seven standalone stores in the Northeastern United States. The company previously named five locations and now announced that the two remaining stores will be located at Burlington Mall in Burlington, Massachusetts; and South Shore Plaza in Braintree, Massachusetts. Sears will continue to have a significant retail presence in both of these malls, which are owned and operated by Simon Property Group Inc. The details about the two store locations are: Burlington Mall: The Sears store and the detached Sears Auto Center will continue to operate in approximately 196,000 gross square feet on the lower level of this mall. Primark will lease approximately 73,000 gross square feet (approximately 54,000 net square feet retail space), predominantly on the second level of the mall; and South Shore Plaza: The Sears store and Sears Auto Center will continue to operate in approximately 138,000 gross square feet on the lower and second level. Primark will lease approximately 71,000 gross square feet (approximately 52,300 net square feet retail space), predominantly on the second level of the mall.

Sears Holdings Corporation and Simon Property Group Inc. Form Joint Venture to Unlock Real Estate Value

Sears Holdings (SHLD) and real estate investment trust Simon Property Group (SPG) announced they have formed a joint venture to unlock additional value for Sears' portfolio of real estate holdings. With the joint venture, Sears will continue to operate its existing stores at its contributed properties through lease arrangements, while providing the ability to create additional value through re-developing and re-leasing of the properties to third-party tenants.

Sears Holdings Enters into a Joint Venture with General Growth Properties

Sears Holdings has entered into a joint venture with General Growth Properties (GGP) through which SHLD has contributed 12 Sears Holdings properties at GGP malls. As part of the transaction, GGP has contributed cash to the JV, and the JV has leased back the existing SHLD stores. SHLD contributed its properties to the JV in exchange for an interest in the JV and $165 million in cash. The transaction values the properties at $330 million. A subsidiary of GGP has made a cash contribution of $165 million to the JV in exchange for a 50% interest in the JV, and the funds have been distributed to SHLD which will own the other 50% interest upon consummation of the transaction. SHLD has agreed to lease back the contributed properties from the JV under a triple-net master lease agreement for a period of ten years, with two five-year renewal options. The initial amount of aggregate base rent under the Master Lease will be $17.3 million. The JV has the ability to recapture up to 50% of the space leased to Sears Holdings and then re-lease this space to other tenants. The JV will be governed by an executive committee on which Sears Holdings and GGP have equal representation. An affiliate of GGP will be the leasing manager and property manager for the properties.

 

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SHLD Competitors

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Industry Analysis

SHLD

Industry Average

Valuation SHLD Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.0x
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