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Message Boards Settings SEARS CANADA INC COM NPV (SCC.TO) - Quote Info
Surprise earnings upside      8-Jan-09 10:07 am    
I think this margin is coming from Canada and not the US so SCC stock should be the one that is moving. Would be surprised if Sears US and Kmart could turn their ebitda performance around that quickly. Sears Canada was approaching and has likely exceeded 10% ebitda on revenue so they are likely driving the positive earnings surprise. We will see for sure when more detailed information is provided. Having shoped in the stores in Canada my sense was that discounting was going on but business was brisk in many product categories where pricing was holding up well.


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techguru180


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  Subject Author Rating Time of Post (ET)  
 
Surprise earnings upside
techguru180 Not rated 8-Jan-09 10:07 am  
 
Tech: Could you comment on SHLD's projection of...
drewdalton2... Rate it 8-Jan-09 06:27 pm  
 
Yes 900 million sounds right. May be even hi...
techguru180 Rate it 9-Jan-09 09:44 am  
 
This is going to be interesting to watch...
tcmiii Rate it 9-Jan-09 11:31 am  
 
Thanks Tech. Yes it is interesting that...
drewdalton2... Rate it 9-Jan-09 11:32 am  
 
This is such an obvious move I woul...
techguru180 Rate it 9-Jan-09 01:42 pm  
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