Sears Holdings Corporation provided earnings guidance for the second quarter ended August 1, 2015. The company currently expects to experience a fourth consecutive quarter of improved adjusted EBITDA compared to the prior year period. The company expects that second quarter adjusted EBITDA will range between loss of $189 million and $249 million, before an additional $26 million in rent expense.

Adjusted EBITDA including REIT/JV rent expected to be between loss of $215 million and $275 million. The company expects reported net income attributable to holdings' shareholders for the quarter ending August 1, 2015 will range between approximately $155 million and $205 million, or between $1.46 and $1.92 income per diluted share, including the aforementioned gain and tax benefit, but excluding any final accounting adjustments for the quarter.