NEW YORK, May 28, 2002 (PRIMEZONE) -- Sears' OPS(TM) (Operational-cashflow Per Share) was negative for its most recent quarter ended March 31, 2002. StockDiagnostics.com has downgraded Sears Roebuck & Co. (NYSE:S) to an OPS Rating(TM) of "2." An OPS Rating of "2" is the second highest that a company can receive. OPS Ratings on more than 7,500 companies can be found at: http://www.stockdiagnostics.com
Sears' OPS Rating decrease was justified by its recently filed Cash Flow Statements for its first quarter ended March 31, 2002. Its computed OPS (Operational-cashflow Per Share) for the quarter was ($.14) per share as compared to $1.80 per share for the quarter ended March 31, 2001. To view Sears' quarterly OPS Diagnostic chart go to: http://www.stockdiagnostics.com/member/company/20qtrs/13/39513.htm
Sears' OPS for its most recent 12 months ended March 31, 2002 declined 43% to $5.07 per share as compared to $8.83 per share for the 12 months ended March 31, 2001. To view Sears' "5 year history-trailing 12 month" OPS Diagnostic chart go to: http://www.stockdiagnostics.com/member/company/5yrs/13/39513.htm
For information on OPS (Operational-cashflow Per Share) go to: http://www.stockdiagnostics.com/member/ops.htm
How are OPS Ratings determined?
OPS Ratings were discovered from StockDiagnostics.com's in-depth research on Operational Cash Flow. These studies revealed that a company's OPS (Operational-cashflow Per Share) logically falls into a mathematical sequence that ranks it into one of eight distinctive risk categories. Ratings are scaled 1 through 8, with number one (1), being the highest rating and number eight (8), the lowest. A "Ratings Suspended" status is given for all companies diagnosed with The EPS Syndrome(TM) during the most recent four quarters.
For more information on OPS Ratings go to: http://www.stockdiagnostics.com/member/ops_rating.htm
For information on The EPS Syndrome go to: http://www.stockdiagnostics.com/member/eps_syndrome.htm
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