JCP News and Press, J.C. Penney Company Inc. From 11/26/19

It may be hard to believe, but Black Friday is just around the corner. The shopping holiday that traditionally kicks off the holiday season is often the biggest day for retailers , and the holiday season, lasting from Thanksgiving to Christmas, is the most important time of year in the industry...

Source: Business Insider Retailers have gotten hammered this earnings season. Some have reported stagnant sales growth, while others have reported shrinking margins or both. Target ( TGT ) bucked the trend with stellar quarterly results. The company reported revenue of $18.67 billion, No...

As the consumer shopping experience becomes increasingly internet-based, brick-and-mortar retailers have been facing headwinds. In the past few years, we have seen historical retailers like Sears and Toys 'R' Us close their doors. Declining foot traffic across department stores like J.C. Penne...

The holiday season has only sort of started, and some of the losers are already clear. That may sound harsh, but Black Friday (and the months of November and December in general) seem to amplify mistakes being made both by retailers and shoppers. Most companies that head into Black Friday needi...

Profitability collapsed at J.C. Penney ( JCP ) last year, with adjusted EBITDA falling to just $568 million from $935 million a year earlier. The bleeding continued in the first quarter of fiscal 2019, as adjusted EBITDA fell by more than half, from $151 million to $74 million. (To be fair, ...

J.C. Penney  (NYSE: JCP) got a surprising bump after its third-quarter earnings report Friday. The stock jumped as much as 11.8% after its earnings release that morning and finished the day up 6.4%. The move came even as comparable-store sales plunged 9.3% in the quarter, in part becaus...

Stock investors attempting to play a J.C. Penney (NYSE: JCP) comeback would really be betting against the odds. There is some enthusiasm on the street right now after the retailer pulled together some better-than-expected third-quarter results last week. But I'm not sure a pleasant surprise ...

Source: Barron's Macy's ( M ) reports quarterly earnings November 21st. Analysts expect revenue of $5.32 billion and eps of $0. The revenue estimate implies a 5% decline Y/Y. Investors should focus on the following key items. Stagnant Revenue Growth Last quarter Macy's reported net ...

J. C. Penney ( JCP ) adjusted its 2019 guidance for adjusted EBITDA to "exceed $475 million." A closer look indicates that it is likely to significantly exceed $475 million in adjusted EBITDA and potentially get close to $600 million for the year. The biggest concern remains J. C. Penney's abi...

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 ...