Reuters(Reuters) - Sears Holdings Corp reported its first quarterly profit in nearly two years, helped by the retailer's $1.25 billion cost-cutting plan amid doubts about its ability to continue as a going concern. The company's shares were up 6.6 percent in light premarket trading on Thursday. However, sales continued its years-long decline, hurt by lower demand for groceries, apparel and home appliances at its Sears and Kmart stores. Sears, once the largest U.S.