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Sears Loss Narrows in Q4 and Fiscal 2012

Sears Holdings (NASDAQ: SHLD  ) has reported its Q4 and 2012 results. For the quarter, the company's revenues totaled $12.3 billion, slightly lower than the $12.5 billion of the same period the previous year. Net loss, however, narrowed considerably, to $489 million ($4.61 per diluted share), from the $2.4 billion ($22.47) of Q4 2011.

Sears Holdings' full-year revenues for 2012 also saw a decline over those of the preceding year. They amounted to $39.9 billion, against 2011's $41.6 billion. Similar to the quarterly results, net loss was not as deep. The bottom line shortfall came in at $930 million ($8.78 per diluted share) in 2012, compared to the previous year's $3.1 billion ($29.15).

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