Sector: Consumer Cyclicals | Industry: Department Stores |
Company Contact | |
Address: | 290 Yonge St Suite 700 TORONTO ON M5B 2C3 |
Tel: | N/A |
Website: | https://www.sears.ca |
IR: | See website |
Key People | ||
Brandon G. Stranzl Executive Chairman of the Board | Janet Lee Mirkovich Senior Vice President - Merchandising (Fashion & Trend, Design, A&A, Soft Home and the Cut | Billy Wong Chief Financial Officer, Executive Vice President |
Becky Penrice Chief Operating Officer, Executive Vice President | Jennifer Pierce Senior Vice President - Human Resources | Lori Bailey Senior Vice President - Retail Stores Operations |
Raffi Bedikian Senior Vice President - Global Sourcing and Import Logistics | Stephen Champion Senior Vice President - Real Estate and Strategic Opportunities | Michael Geddes Senior Vice President - Merchandise Planning & Operations | Neeraj Ghai Senior Vice President - E-Commerce Operations |
Business Overview |
Sears Canada Inc. (Sears) is a Canada-based multi-channel retailer company. The Company operates through merchandising segment. Its merchandising operations include the sale of goods and services through its retail channels, which includes its full-line, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. (Corbeil) stores and its direct (catalogue/Internet) channel. Its services include home improvements, such as carpet and duct cleaning, installation and assembly of products purchased at Sears stores, custom window coverings, windows and doors, and heating and cooling; product repair services, such as servicing of items covered under Sears Protection Plan, cash calls, as well as in-warranty service for select Kenmore, Craftsman and national brand products, and protection agreements, such as single or multi-year coverage on appliances, electronics, vacuums, lawn and garden, fitness, and heating, ventilating and air conditioning, and accident protection for furniture and mattresses. |
Financial Overview |
For the 13 weeks ended 29 April 2017, Sears Canada Inc revenues decreased 15% to C$505.5M. Net loss increased from C$63.6M to C$144.4M. Revenues reflect Comparable Store Sales (Value) - Retail decrease of 7% to C$411.5M, Retail Sales- Home & Hardlines decrease of 24% to C$212.3M, Home and Hardlines decrease of 24% to C$212.3M, Apparel & Accessories decrease of 11% to C$182M. |
Employees: | 11,240 as of Feb 2, 2008 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $5.29M as of Apr 29, 2017 |
Annual revenue (TTM): | $1,854M as of Apr 29, 2017 |
EBITDA (TTM): | -$284.81M as of Apr 29, 2017 |
Net annual income (TTM): | -$295.25M as of Apr 29, 2017 |
Free cash flow (TTM): | -$345.87M as of Apr 29, 2017 |
Net Debt Last Fiscal Year: | $5.29M as of Apr 29, 2017 |
Shares outstanding: | 101,877,662 as of Apr 29, 2017 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |