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Sears Canada Inc.

11:46 AM EST - Sears Canada Inc. : announced its unaudited second-quarter results. Total revenues for the 13-week period ended July 30, 2011 were $1.148 billion compared to $1.212 billion for the 13 weeks ended July 31, 2010, a decrease of 5.3%. There was a net loss for the second quarter of $2.7 million or three cents per share compared to net earnings of $20.5 million or 19 cents per share in the second quarter last year. Sears Canada Inc. shares T.SCC are trading down $0.05 at $12.85.