NEW YORK, NY / ACCESSWIRE / March 23, 2017 / Both companies have had their own troubles recently, with Nike's reported fiscal 3rd quarter earnings not impressing investors and Sears revealing that its February restructuring plans have not gone as planned. Earlier in the year, The Wall Street Journal reported that mall owners were seeking to revamp their properties but were often tied into long term agreements with major retailers such as Sears and Kmart. This followed holiday violence over the Christmas holiday at several mall locations around the country. Sears, Kmart, and Nike all have a strong presence in major malls throughout the country.

RDI Initiates Coverage:

Sears Holdings Corp. https://ub.rdinvesting.com/news/?ticker=SHLD

Nike Inc. https://ub.rdinvesting.com/news/?ticker=NKE

Sears Holdings dropped more than 12% in Wednesday's trading, falling $1.12 a share to close at $7.98. The downward trend is likely to continue based on the company's record of 7 years of continuous losses, and now there are reports that it may not be able to have sufficient cash to keep operating unless financial stability can be attained. Sears Holdings, who owns both the Sears and Kmart brands, said in its annual report that, "substantial doubt exists related to the company's ability to continue as a going concern." After hours trading saw the company's shares continue to fall. Eddie Lampert, its CEO, Chairman and largest investors with a nearly 48 percent stake, in an investor's mind, is perhaps the only person standing between the department store chain and bankruptcy. Back in February of this year, Sears Holdings announced it would close 150 more stores and lay off additional employees that will result in a $1 billion restructuring process.

Access RDI's Sears Holdings Research Report at: https://ub.rdinvesting.com/news/?ticker=SHLD

Nike's stock fell $4.09 a share on Wednesday to close at $53.92. The drop in price was surprising due to two contrasting factors. While the company reported earnings for its 3rd quarter to be higher than expected, up to $0.68 per share up from $0.55 per share reported in the same quarter during the prior year, the increase was less attributed to a rise in revenues, but more to a reduction in expenses. Annual sales totaled $8.43 billion, which is a 5 percent increase year-over-year from the $8.03 billion reported last year, but the results fell below an expected $8.47 billion in sales. Expected global orders over the next 6 months are projected to be down by 4 percent and analysts are speculating that Nike is having trouble dealing with a more competitive environment and the changing retail landscape.

Access RDI's Nike Research Report at: https://ub.rdinvesting.com/news/?ticker=NKE

Our Actionable Research on Sears Holdings Corp. (NASDAQ: SHLD) and Nike Inc. (NYSE: NKE) can be downloaded free of charge at Research Driven Investing.

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