Last C$14.24 CAD
Change Today -0.25 / -1.73%
Volume 16.4K
SCC On Other Exchanges
Symbol
Exchange
Toronto
OTC US
As of 4:00 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

sears canada inc (SCC) Snapshot

Open
C$14.16
Previous Close
C$14.49
Day High
C$14.72
Day Low
C$14.14
52 Week High
03/20/14 - C$17.14
52 Week Low
08/30/13 - C$8.57
Market Cap
1.5B
Average Volume 10 Days
18.8K
EPS TTM
C$0.36
Shares Outstanding
101.9M
EX-Date
12/9/13
P/E TM
39.1x
Dividend
--
Dividend Yield
35.11%
Current Stock Chart for SEARS CANADA INC (SCC)

Related News

No related news articles were found.

sears canada inc (SCC) Related Businessweek News

No Related Businessweek News Found

sears canada inc (SCC) Details

Sears Canada Inc. operates as a multi-format retailer in Canada. The company operates in two segments, Merchandising and Real Estate Joint Arrangements. It operates department stores that offer women’s apparel, men’s and children’s apparel, nursery products, cosmetics, jewelry, footwear, and accessories; and home and hardlines, including home furnishings and mattresses, home decors, lawn and garden products, hardware products, electronics and leisure products, and seasonal products, as well as provides appliances comprising refrigeration, laundry, floor care, and sewing products. The company also operates home stores, which offer appliances and electronics; and home improvement products, as well as provides travel and logistics services. In addition, it operates dealer stores that offer appliances, furniture, home electronics, and outdoor power equipment; outlet stores that offer clearance merchandise; appliances and mattresses stores that provide appliances, mattresses, box-springs, and products of private labels; and a chain of appliance specialty stores under the Corbeil name. Further, the company has joint arrangement interests in three shopping centers. Sears Canada Inc. offers its products directly through telephone, mail, fax, and online at sears.ca, as well as through its stores and catalogue agents. As of March 13, 2014, it operated 176 corporate stores, 233 hometown dealer stores, 7 Sears home services showrooms, approximately 1,400 catalogue and online merchandise pick-up locations, and 97 Sears travel offices, as well as home maintenance, repair, and installation network. The company was formerly known as Simpsons-Sears Limited and changed its name to Sears Canada Inc. in May 1984. The company was founded in 1952 and is headquartered in Toronto, Ontario. Sears Canada Inc. is a subsidiary of Sears Holdings Corporation.

25,246 Employees
Last Reported Date: 03/14/14
Founded in 1952

sears canada inc (SCC) Top Compensated Officers

Chief Executive Officer, President and Non-In...
Total Annual Compensation: C$654.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$731.3K
Chief Operating Officer, Executive Vice-Presi...
Total Annual Compensation: C$562.5K
Executive Vice-President of Financial Service...
Total Annual Compensation: C$522.9K
Senior Vice-President of eCommerce & Omni-Cha...
Total Annual Compensation: C$404.3K
Compensation as of Fiscal Year 2013.

sears canada inc (SCC) Key Developments

Sears Canada Inc Announces Board Changes

Sears Canada Inc. is deeply saddened by the sudden passing of H Ronald Weissman, who has served as a member of the Company's Board of Directors since November, 2013 and was a member of the Audit Committee. Filling the position on the Board is Mr. Klaudio Leshnjani. Mr. Leshnjani is currently Executive Vice-President and Chief Operating Officer of the Company. Prior to this role, Mr. Leshnjani held several executive positions with the Company, including Executive Vice-President, Chief Administrative Officer and General Counsel, Executive Vice-President, Financial and Home Services, Human Resources, General Counsel and Corporate Communications and Senior Vice-President and General Counsel.

Sears Canada Inc. Enters into Development Agreement with Concord Pacific Group of Companies to Develop 12-Acre Sears Site at the North Hill Shopping Centre in Calgary, Alberta

Sears Canada Inc. announced that it has entered into a binding agreement with Concord Pacific Group of Companies (Concord) to pursue the development of the 12-acre Sears site located at the North Hill Shopping Centre in Calgary, Alberta. Closing under the agreement is conditional upon satisfaction of conditions such as site investigations and obtaining the approval from the City of Calgary for the project, which are expected to take some time. The vision of the redevelopment is an infill project consisting of residential high-rises, with a potential retail component. Concord brings its development experience, depth and diversity to the joint arrangement. Concord develops comprehensive multi-phased urban communities across Canada and, in 2013, entered into a similar agreement with Sears regarding the retailer's land adjacent to its store at Metropolis at Metrotown in Burnaby, British Columbia. The arrangement contemplates the sale of a 50% interest in the site for a value of approximately $15 million, subject to adjustments, and the retention of Concord on customary terms to manage most facets of the development. Following the transfer of the 50% interest, the parties would enter into a co-ownership joint arrangement. If third party debt financing cannot be obtained, Concord, and not Sears, will be responsible for providing debt financing to develop the project.

Sears Canada Inc. Extends and Reduces Credit Facility

Sears Canada Inc. announced that it has extended the term of its senior secured revolving credit facility to May 2019 and has reduced the total credit limit from $800 million to $300 million. Currently, the revolving facility is undrawn. Sears credit facility is held by a syndicate of lenders arranged and administered by Wells Fargo Capital Finance, part of Wells Fargo & Company. The original maturity was September 10, 2015. The credit facility is secured with a first lien on inventory and credit card receivables.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SCC:CN C$14.24 CAD -0.25

SCC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Coach Inc $34.63 USD -0.44
JC Penney Co Inc $9.19 USD +0.13
RONA Inc C$11.78 CAD -0.02
Vera Bradley Inc $20.53 USD -0.16
Williams-Sonoma Inc $68.69 USD -0.42
View Industry Companies
 

Industry Analysis

SCC

Industry Average

Valuation SCC Industry Range
Price/Earnings 3.7x
Price/Sales 0.4x
Price/Book 1.5x
Price/Cash Flow 3.7x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SEARS CANADA INC, please visit www.sears.ca. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.