Hoffman Estates, Ill. — Sears Holdings Corp. on Thursday reported a loss of $454 million in its fiscal third quarter.

The Hoffman Estates, Illinois-based company said it had a loss of $4.26 per share. Losses, adjusted for non-recurring costs, came to $2.86 per share.

The department store operator posted revenue of $5.75 billion in the period.

Sears shares have dropped 38 percent since the beginning of the year. The stock has dropped 40 percent in the last 12 months.

Read or Share this story: