Sears Holdings Corp. (SHLD) reported fourth quarter adjusted EPS of $0.54 Thursday morning, down from $3.67 last year. The consensus estimate was for EPS of $0.78.
The company also announced that it reached a definitive agreement for the sale of eleven Sears full line store locations to General Growth Properties for a purchase price of $270 million.
Sears Holdings gapped up sharply Thursday and has climbed higher in the last 15 minutes. Shares are now up 10.33 at $62.41 on above average volume. The stock has risen to a 3-month high and has re-crossed its 200-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.