NEW YORK (Reuters) - Sears Holdings Corp reported a quarterly loss on Thursday as consumers curbed spending in a grim U.S. economy.
The operator of Sears department stores and Kmart discount stores said its net loss narrowed to $39 million, or 35 cents a share, in the second quarter ended July 31 from $94 million, or 79 cents a share, a year earlier.
Sales fell $93 million to $10.5 billion. That missed the analysts' average estimate of $10.6 billion, according to Thomson Reuters I/B/E/S.
Earlier this week, the retailer's Canadian unit, Sears Canada
(Reporting by Dhanya Skariachan; Editing by Lisa Von Ahn)
