HOFFMAN ESTATES (dpa-AFX) - Sears Holdings Corp. (SHLD) announced that it currently expects fourth quarter net loss attributable to Holdings' shareholders to be between $250 million and $360 million, or between $2.35 and $3.39 loss per share.
Adjusted for these items, net loss is expected to be between $213 million and $316 million, or between $2.01 and $2.98 loss per share. Analysts currently expect loss of $0.20 per share for the fourth quarter.
For the full year ending February 1, 2014, the company expects net loss attributable to Holdings' shareholders will be between $1.3 billion and $1.4 billion, or between $11.85 and $12.88 loss per share.
Adjusted for these items, net loss is expected to be between $811 million and $914 million, or between $7.64 and $8.61 loss per share. Analysts now expect full year loss of $6.20 per share.
As previously announced, the company is evaluating separating both its Lands' End business and Sears Auto Center or SAC business.
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