Retail Industry
Industry: Email Alert RSS FeedSears posts lower-than-expected income
DSN Retailing Today, August 2, 2004
HOFFMAN ESTATES, ILL. -- Sears announced that second quarter net income, including charges, totaled $53 million, or 24 cents per share, compared with last year's $309 million, or $1.04 per share. The prior year results include the results of the credit card operations and National Tire & Battery business that were divested in the fourth quarter of 2003.
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