May 31 (Reuters) - Sears Holdings Corp reported a 31.2 percent fall in quarterly revenue on Thursday, as the struggling department store operator continued to close underperforming Kmart and Sears outlets.
The retailer reported a net loss attributable to the company of $424 million, or $3.93 per share, in the first quarter ended May 5, compared to a profit of $245 million, or $2.29 per share, a year earlier.
The year-ago quarter had a $492 million benefit related to the sale of Sears’ Craftsman brand.
Revenue fell to $2.89 billion from $4.2 billion in the reported quarter. (Reporting by Uday Sampath in Bengaluru; Editing by Shounak Dasgupta)