Want to join the conversation?
$SHLD forecast revenues of $7.3Bil and $25.1Bil for 4Q15 and FY15, respectively. The company forecast adj EBITDA, excluding Seritage and joint venture rents, to range between a loss of $100MM and a loss of $50MM, compared to $125MM a year ago. Kmart and Sears Domestic combined, same store sales for the quarter is expected to fall 7.1%, $SHLD said.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.