Sears Canada Inc. reported unaudited consolidated earnings results for the first quarter ended April 29, 2017. For the quarter, the company reported revenue was CAD 505.5 million against CAD 595.9 million a year ago. Operating loss was CAD 141.3 million against CAD 103.9 million a year ago. Loss before income taxes was CAD 145.2 million against CAD 61.3 million a year ago. Net loss was CAD 144.4 million against CAD 63.6 million a year ago. Basic and diluted net loss per share was CAD 1.42 against CAD 0.62 a year ago. Cash flow used for operating activities was CAD 235.5 million against CAD 139.1 million a year ago. Purchases of property, plant and equipment and intangible assets was CAD 11.7 million against CAD 6.2 million a year ago. Adjusted LBITDA was CAD 133.9 million in the first quarter compared to a loss of CAD 75.4 million for the same quarter last year.