Sears Holdings still positive despite negative Q3

HOFFMAN ESTATES, Ill. — Sears Holdings remains positive about its future despite reporting a wider loss for the third quarter and comps declines across its retail segments. The company reported a net loss of $421 million, or $3.95 per diluted share, for the third quarter of 2011, compared with a net loss of $218 million, or $1.98 loss per diluted share, in 2010. Comparable-store sales at Sears' U.S. stores were down 0.7%. According to the company, the decrease in sales at Sears domestic for the quarter was due to poor performance in appliances and consumer electronics. Kmart comps dropped