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Analyst puzzles over Sears’ higher EBITDA plans

Started by calm_girl, May 29, 2008, 11:41:58 PM

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calm_girl

Analyst puzzles over Sears' higher EBITDA plans
      


Sears Holdings Corp reported a quarterly loss this morning. But the thing that left analysts like Credit Suisse’s Gary Balter scratching their heads was the company’s expectations for higher earnings before interest, taxes, depreciation and amortization (EBITDA) for the full year.
“We are struggling with what we are missing in the context of Q1 being down over [...]
         

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