Two great articles were published this week on Sears Holdings (SHLD). The first one at Circle of Competence focuses on the fact that Sears has been engaging in a lot of stock buyback over the last quarter.
Todd Sullivan also points out that the company is reducing inventory, paying back debt, as well as buying back shares. Like a lot of retailers, a lot of patience will be required until gains are realized.
No comments:
Post a Comment