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Sears Holdings is an integrated retailer focused on connecting the digital and physical shopping experiences. The Company' segments comprise Kmart, which operates retail stores that offer a range of products, including consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables, and apparel; and Sears Domestic segment, which operates stores that provide appliances, consumer electronics/connected solutions, tools, sporting goods, outdoor living, lawn and garden equipment, apparel, footwear, jewelry, and accessories, as well as automotive services and products, such as tires, batteries, and home fashion products.

TypePublic
Founded1886
HQHoffman Estates, US
Websitesearsholdings.com

Latest Updates

Employees (est.) (Feb 2018)89,000(-36%)
Job Openings2,196
Revenue (FY, 2017)$16.7 B(-24%)
Share Price (Oct 2018)$0.4 (-13%)

Key People/Management at Sears

Robert A. Riecker

Robert A. Riecker

CFO
Leena Munjal

Leena Munjal

Chief Digital Officer
Mitch Bowling

Mitch Bowling

CEO, Sears Home Services
Robert Naedele

Robert Naedele

Chief Commercial Officer
Luke Valentino

Luke Valentino

General Counsel
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Sears Office Locations

Sears has an office in Hoffman Estates
Hoffman Estates, US (HQ)
3333 Beverly Rd
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Sears Financials and Metrics

Sears Revenue

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Sears's revenue was reported to be $16.70 b in FY, 2017 which is a 24.6% decrease from the previous period.
USD

Revenue (Q3, 2018)

2.7b

Gross profit (Q3, 2018)

427.0m

Gross profit margin (Q3, 2018), %

15.6%

Net income (Q3, 2018)

(950.0m)

EBIT (Q3, 2018)

(654.0m)

Market capitalization (23-Oct-2018)

39.9m

Closing stock price (23-Oct-2018)

0.4

Cash (28-Oct-2018)

526.0m

EV

2.7b
Sears's current market capitalization is $39.9 m.
Annual
USDFY, 2016FY, 2017

Revenue

22.1b16.7b

Revenue growth, %

(12%)(25%)

Cost of goods sold

17.5b11.3b

Gross profit

4.7b5.4b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

5.4b5.7b5.0b4.3b4.4b3.7b2.9b3.2b2.7b

Cost of goods sold

4.2b4.4b4.1b3.4b2.9b2.5b2.3b2.5b2.3b

Gross profit

1.2b1.3b962.0m930.0m1.5b1.1b605.0m702.0m427.0m

Gross profit Margin, %

22%22%19%22%34%31%21%22%16%
Annual
USDFY, 2016FY, 2017

Cash

286.0m182.0m

Accounts Receivable

466.0m343.0m

Prepaid Expenses

285.0m335.0m

Inventories

4.0b2.8b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

286.0m276.0m258.0m236.0m212.0m200.0m186.0m193.0m526.0m

Accounts Receivable

437.0m390.0m372.0m479.0m370.0m378.0m345.0m327.0m354.0m

Prepaid Expenses

369.0m275.0m304.0m311.0m318.0m347.0m305.0m386.0m310.0m

Inventories

5.0b4.7b5.0b3.9b3.4b3.5b2.8b2.7b2.3b
Annual
USDFY, 2016FY, 2017

Net Income

(2.2b)(383.0m)

Depreciation and Amortization

375.0m332.0m

Inventories

1.2b1.1b

Accounts Payable

(526.0m)(472.0m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(471.0m)(866.0m)(1.6b)244.0m(7.0m)(565.0m)(424.0m)(932.0m)

Depreciation and Amortization

95.0m187.0m278.0m87.0m170.0m89.0m67.0m133.0m

Inventories

144.0m488.0m140.0m58.0m509.0m490.0m(40.0m)84.0m

Accounts Payable

(237.0m)(229.0m)(18.0m)(87.0m)(378.0m)276.0m(82.0m)(89.0m)
USDY, 2018

EV/EBIT

-4.2 x

EV/CFO

-2.6 x

Debt/Equity

-0.6 x

Debt/Assets

0.5 x

Financial Leverage

-1.3 x
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Sears Operating Metrics

Sears's Stores was reported to be 766 in Q3, 2019.
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Home Services Requests

13 m12 m7 m

Stores

1.92 k1.87 k1.83 k1.73 k1.72 k1.70 k1.69 k1.67 k1.62 k1.59 k1.50 k1.43 k1.28 k1.25 k1.10 k1 k894 866 766
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Sears Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
SNUPI Technologies IncOctober 09, 2015
Delver LtdMarch 08, 2009
Land's End InnJune 17, 2002
A&E Factory Service, LLC
A&E Home Delivery, LLC
A&E Lawn & Garden, LLC
A&E Signature Service, LLC
BlueLight.com
California Builder Appliances, Inc.
FBA Holdings Inc.
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Sears Revenue Breakdown

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Sears revenue breakdown by business segment: 66.6% from Sears Domestic and 33.4% from Kmart

Sears Online and Social Media Presence

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Sears News and Updates

Sears Is Where America Shops, If You Can Still Find One

Sears Keeps Shrinking, Threatening Business That Depends on Scale

Here are the 96 Sears and Kmart stores that are closing next

Going-out-of-business sales in the 96 stores slated to close will begin Dec. 2.

Sears owner gets $250 million lifeline, says it will shut 96 more stores—Here's where they are

The parent company of Sears and Kmart said Thursday it plans to shut 96 stores, leaving the business with 182 locations.

Exclusive: Lampert helps bankroll Sears as woes persist after bankruptcy - sources

U.S. retailer Sears has borrowed about $150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar with the matter said.

'We are the band on the Titanic': The former HR chief at Sears shares how he kept his team focused and motivated during the retailer's historic implosion

Sears' former HR chief, Dean Carter, learned firsthand about the power of shifting your perspective when you're stuck in a bad job or company. He recommends focusing on honing your craft even if the organizational values don't resonate with you or if you'd rather be working elsewhere. Carter is no…
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Sears Blogs

Accelerating our Strategic Transformation and Facilitating our Financial Restructuring

Over the last several years, Sears Holdings has worked hard to transform our business.  While our plan is delivering for our members, our efforts to become a profitable and more competitive retailer have been impacted by a difficult retail environment, unsatisfactory operating performance, and legac…

Celebrating the Grand Re-opening of Sears in Oak Brook, Ill.

Sears has been part of the fabric of the community of Oak Brook, Illinois for decades, since first opening its 250,000 sq. ft. store at Oakbrook Center in 1962. During that time, residents have adorned their kitchens with Kenmore appliances, maintained their lawns and gardens with Craftsman products…

Kmart® and St. Jude Children’s Research Hospital® Launch ‘Care to Dream’ to Give All Patients’ Dreams a Fighting Chance

Smiles. Laughter. Optimism. Hope. That’s what we took away from a recent visit to St. Jude Children’s Research Hospital in Memphis. Kmart hosted a “Christmas in July” event, at which about 75 children undergoing cancer treatment were joined by their siblings and parents to draw artwork for wrapping …

SHC Associates Make a Difference on National Clean Up Day

According to a report by the World Economic Forum, if we continue to produce and fail to properly dispose of plastics, these materials will outweigh fish pound for pound in the ocean by the year 2050! On Friday, Sept. 14, in recognition of National Clean Up Day, SHC associates devoted their time and…

Sears Holdings Prepares for Florence

During the past few weeks, the Sears Holdings Enterprise Crisis Team has coordinated representatives from various areas of our business (such as Operations, Supply Chain, Risk Management, Human Resources, Safety/Security, and Inventory) on multiple conference calls to prepare our stores and associat…

Update on Our Transformation

In connection with our most recent earnings release, I am taking this opportunity to provide Sears Holdings’ many stakeholders with our perspective on where we have been and where we go from here. The Company has been working hard to transform its business and unlock the value of its assets. This in…
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Sears Frequently Asked Questions

  • When was Sears founded?

    Sears was founded in 1886.

  • Who are Sears key executives?

    Sears's key executives are Robert A. Riecker, Leena Munjal and Mitch Bowling.

  • How many employees does Sears have?

    Sears has 89,000 employees.

  • What is Sears revenue?

    Latest Sears annual revenue is $16.7 b.

  • What is Sears revenue per employee?

    Latest Sears revenue per employee is $187.7 k.

  • Who are Sears competitors?

    Competitors of Sears include Target, Macy's and Nordstrom.

  • Where is Sears headquarters?

    Sears headquarters is located at 3333 Beverly Rd, Hoffman Estates.

  • Where are Sears offices?

    Sears has an office in Hoffman Estates.

  • How many offices does Sears have?

    Sears has 1 office.