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Sears Warns of Weak First Quarter
Sears(S Quote) said same-store sales fell in March, and the company also warned that it wouldn't hit Wall Street's earnings estimates for the first quarter.
The company said on Thursday that it expects earnings to total 53 cents in the first quarter. Thirteen analysts polled by Thomson Financial/First Call are calling for 57 cents a share, well below the 65 cents Sears posted in the year-ago period. ...
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