Sears Hometown and Outlet Stores, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended February 2, 2019; Reports Impairment Charges for the Fourth Quarter Ended February 2, 2019
For the year, the company's net sales were $1,449,948,000 against $1,719,951,000 a year ago. Operating loss was $38,991,000 against $87,420,000 a year ago. Net loss was $53,464,000 against $95,057,000 a year ago. Basic net loss per common share attributable to stockholders was $2.36 against $4.19 a year ago.
For the quarter, the company reported impairment of property and equipment was $2,089,000 against $3,357,000 a year ago.