Sears' Lampert Finds a New Foe

Stock quotes in this article: RSTO , SHLD , HD , C , WSM , VNO  

While short-term investors have been hurt, long-term Lampert disciples say he will continue to repurchase shares of Sears at a valuation that he views as favorable while he looks for other plays for the retailer's cash flow.

While Restoration is far too small to become a factor in Sears' valuation, analysts say Lampert may feel he can use the brand the way he used Land's End, which has been a winner for Sears since he took over.

"Like Land's End, Restoration Hardware has been established as a pretty well-regarded brand in terms of the merchandise," says RBC Capital Markets analyst Scot Cicarrelli. "They have a severely damaged supply chain, and Lampert may see an opportunity to move it into the Sears stable at a discount and create synergies with his existing supply chain."

  • Loading Comments...
  •  
1 2 3 4
Next >

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,328.89 1,102.47 2,211.69 35.46
Oil *
73.88
UP
20.63
UP
6.40
UP
31.64
UP
0.59
10 Yr
3.55%
SPDR Gold
108.95
+0.20%
+0.58%
+1.45%
+1.69%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services