JCP News and Press, J.C. Penney Company Inc. From 11/19/19

Dillard's ( DDS -4.9% ) and J.C. Penney ( JCP -2.8% ) are sharply lower on the day after a profit guidance cut by Kohl's rattles the sector. Both stocks are giving back some gains racked up when they reported earnings of their own last week. More news on: Dillard's, Inc., J. C. Penney ...

J.C. Penney 's (NYSE: JCP) stock recently rose after the struggling retailer's third-quarter numbers surpassed analysts' expectations. Its total net sales fell 10% annually to $2.38 billion but still exceeded estimates by $70 million. Its non-GAAP net loss narrowed year over year from...

Source: Fortune J.C. Penney (JCP) reported Q3 2019 revenue of $2.5 billion, GAAP EPS of -$0.29 and non-GAAP EPS of -$0.30. The company beat on revenue and earnings. The stock rose over 6% on the news. I had the following takeaways on the quarter. Same-Store Sales Continue To Decline ...

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Consumers and investors seem to want struggling, well-known retail brands to make a comeback. That's why Sears (OTC: SHLDQ) constantly got favorable headlines for results that were terrible. The company would find a couple of positive metrics in an otherwise dismal report, and the stock woul...

Real Estate Weekly Outlook What recession? US equity markets climbed for the sixth consecutive week as a busy slate of economic data and earnings reports indicated that the 'Goldilocks' economic conditions of low inflation and solid, consumer-led economic growth may be here to stay into 20...

J.C. Penney ( JCP ) reported fairly good results in Q3 2019, as significant gross margin improvement and reduced costs helped fuel an earnings beat . J.C. Penney was also the beneficiary of low expectations , so the continued significant comparable store sales declines were already expected....

Friday was a good day on Wall Street, as major benchmarks climbed on hopes for a resolution to the long-standing trade dispute between the U.S. and China. The two nations haven't yet come to any final deal, but White House officials were upbeat about the prospects for progress in resolving some ...

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The following slide deck was published by J. C. Penney Company, Inc. in conjunction with their 2019 Q3 earnings Read more ...