December 3, 2015 / 7:14 PM / 2 years ago

BUZZ-Sears Canada Inc: Q3 revenue, margins fall

1 Min Read

** Canadian department store operator's shares fall as much as 11.3 pct to 1-month low of C$9.55

** U.S.-listed shares fall as much as 12.5 pct to $7.02

** Company posts 5 pct fall in Q3 revenue, hurt by store closures

** Gross margin falls to 32.6 pct from 34.3 pct due to weaker Canadian dollar

** Up to Wednesday's close, company's Canada-listed stock had fallen 4 pct this year, while U.S.-traded stock had fallen 16.5 pct

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