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Sears Canada Inc. (T:SCC)

Business Focus: Department Stores (NEC)

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