Sears Canada Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended January 28, 2017. For the quarter, the company reported revenue was CAD 744.0 million against CAD 887.6 million a year ago. Operating loss was CAD 110.4 million against CAD 138.5 million a year ago. Loss before income taxes was CAD 48.2 million against earnings before tax of CAD 30.4 million a year ago. Net loss was CAD 45.8 million against net earnings was CAD 30.9 million a year ago. Basic and diluted net loss per share was CAD 0.45 against earnings per share of CAD 0.30 a year ago. Cash flow generated from operating activities was CAD 2.2 million against CAD 79.7 million a year ago. Purchases of property, plant and equipment and intangible assets were CAD 12.0 million against CAD 15.3 million a year ago. Adjusted EBITDA for the fourth quarter was a loss of CAD 63.7 million compared to a loss of CAD 51.2 million in the same quarter last year. For the year, the company reported revenue was CAD 2,613.6 million against CAD 3,145.7 million a year ago. Operating loss was CAD 422.4 million against CAD 298.3 million a year ago. Loss before income taxes was CAD 318.2 million against CAD 62.7 million a year ago. Net loss was CAD 321.0 million against CAD 67.9 million a year ago. Basic and diluted net loss per share was CAD 3.15 against loss of CAD 0.67 a year ago. Cash flow used in operating activities was CAD 341.4 million against CAD 201.5 million a year ago. Purchases of property, plant and equipment and intangible assets were CAD 27.4 million against CAD 45.4 million a year ago. Adjusted LBITDA was CAD 282.9 million in the full year compared to CAD 160.5 million for the same period last year.