NEW YORK (TheStreet) -- Sears Holdings Corp. (SHLD) stock is falling 0.72% to $15.14 in afternoon trading on Wednesday after the retailer announced lower than expected fiscal 2015 fourth quarter revenue, which is expected to fall 10% year-over-year.
The stock closed down 8.85% to $15.25 on Tuesday after the Hoffman Estates, IL-based company reported revenue of $7.3 billion for the quarter ended January 30, below estimates of $7.43 billion.
"Sears reported very horrendous numbers," TheStreet's Jim Cramer, portfolio manager of the Action Alerts PLUScharitable trust portfolio, said (see video above), noting that the company is a "very injured franchise."
"In an environment where there is Costco (COST) and Amazon.com (AMZN), it's very difficult for Sears to actually try to beat things," Cramer added.
As sales weaken, Sears plans accelerate store closures, sell assets and cut costs, the Wall Street Journal reported.
The company will sell at least $300 million in asset in the first half of this year and is considering divesting the Sears Auto Center business, the Journal added.
Separately, Sears has a "sell" rating and a letter grade of D at TheStreet Ratings because of the company's poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself.
You can view the full analysis from the report here: SHLD
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.