Year-to-Date Gains: 10%
Of course, instead of wallowing in self-pity, Walmart should remember that things could always be worse. Just ask Sears Holdings (SHLD). The stock’s year-to-date gains may be approaching the double-digits, but the past three months have seen a slide of 13%, and the last year tallies a total loss nearing 20%.
Of course, Sears’ struggles are hardly news and hardly going away, even in the face of asset spin-offs and Eddie Lampert at the helm. The stock shed more than 13% in after-hours trading alone back in May after the company posted a loss that was four times larger year-over-year and more than twice the damage analysts had been expecting.
Plus, its sales have been on a downward trend for more than 20 quarters, while it’s posted full-year losses the past three years, is expected to post another one this year … and slated for yet another one the year after that.
While big-box retail is alive and well, Sears is basically dead — and, according to InvestorPlace contributor Will Ashworth, would probably be better off put out of its misery considering the value of its real estate.