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Charles Payne's Regular Media Appearances
Charles is featured on the Fox Business Network Monday-Friday at 2 PM ET on "Making Money with Charles Payne". He is a member and occasional host of "Varney & Co". In addition, he guest-host several shows including "Cavuto on Business" and "Your World".

The "Making Money with Charles Payne" show can also be heard on channel 113 on Sirius radio.

Friday, June 4, 2010

Sears 1Q Profit Slides 39%, Hurt By Lower Margins

The Wall Street Journal

Sears Holdings Corp.'s (SHLD) fiscal first-quarter earnings dropped 39%, as sales were nearly flat and the retailer's domestic unit stepped up promotions of appliances and home electronics.

Sears' results are a bit of a contrast to other mass merchants and department stores that have been reporting revenue gains and expanded margins as they are able to pull back from significant discounting.

Brian Sozzi of Wall Street Strategies breaks down the results.

Link to full article: http://online.wsj.com/article/BT-CO-20100520-707464.html?mod=WSJ_earnings_MIDDLETopHeadlines


Posted by Brian Sozzi, Research Analyst


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