YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Helped by the U.S. tax overhaul, Sears posted a rare quarterly profit.
The company recorded fourth-quarter net income of $182 million, compared with a net loss of $607 million a year earlier.
Officials also announced Sears' long-term debt was cut down by $1 billion to $3.2 billion.
Read more from Bloomberg.
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