What's Necessary For Useful Online Business Loans Solutions

The ratings service expects the company to have finished 2016 with comparable-store sales down 8% and follow that with a 2017 where comps drop in the mid-to-high-single-digit range. Total revenues should fall 12% to 13% in both years, according to Click Here Fitch, due to declining sales and store closures. Due to all of these factors, Fitch expects "EBITDA to be negative $950 million to $1 billion in 2016 and 2017, compared with a loss of $836 million in 2015." That's bad news, but it's not the entire picture. The ratings service also said that Sears Holdings' interest expense, capex, and

Posted on Tags