What Analysts Project for Sears’s First-Quarter Earnings
Sears Holdings (SHLD) is expected to announce first-quarter results on May 23. Wall Street estimates the company will report a gross margin of 21.7%, up 20 basis points on a YoY (year-over-year) basis. Sears continues to slash costs, and it expects to achieve $200 million in savings in 2018 driven by its streamlining efforts.