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Sears Holdings records $50 million operating loss for Nov. 4-Dec. 1
By Caroline Salls
Pittsburgh, Dec. 31 – Sears Holdings Corp. reported a $50 million operating loss for the period of Nov. 4 through Dec. 1 on $924 million in total revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.
The net loss for the period was $125 million.
In addition, the company listed $179 million in cash and cash equivalents as of Dec. 1.
Sears is a retailer based in Hoffman Estates, Ill. The company filed bankruptcy on Oct. 15 under Chapter 11 case number 18-23538.
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