Sears Hometown And Outlet Stores, Inc. (SHOS)

[Enterprising Investor]

Sears Hometown and Outlet Stores posts preliminary Q2 results (8/30/18)

On September 7, 2018 before the market opens Sears Hometown and Outlet Stores, Inc. intends to file its 2018 earnings release for the 13-week period ended August 4, 2018 (“the second quarter of 2018”). The Company expects to report for the second quarter of 2018 positive comparable store sales for its Hometown segment as well as for the Company overall. The Company also expects to report for the second quarter of 2018 that (1) its net loss decreased by an amount in the range of $18.5 million to $20.5 million versus the comparable period in the prior fiscal year and (2) adjusted EBITDA increased by an amount in the range of $7.5 million to $8.7 million for the second quarter of 2018 versus the comparable period in the prior fiscal year, all of which increase was generated by the Company’s Outlet segment. The following table presents, with respect to the ranges, a reconciliation of the expected increase in adjusted EBITDA, a non-GAAP financial measure, to the expected decrease in net loss, the most comparable GAAP measure, for the second quarter of 2018:

https://www.sec.gov/Archives/edgar/data/1548309/000154830918000112/a8k-082918prexearningsrele.htm