JCP News and Press, J.C. Penney Company Inc. From 01/09/20

J.C. Penney's ( JCP ) holiday sales update was a bit disappointing. Although J.C. Penney reaffirmed its 2019 guidance, it had a pretty low bar to reach to make that guidance. Macy's (M) noticeably improved holiday results (compared to Q3 2019) raised hopes that J.C. Penney could deliver si...

Shares of J.C. Penney   (NYSE: JCP) traded down more than 11% on Thursday after the struggling retailer reported weak holiday sales. The results were actually within range of what the company had expected, but investors were disappointed to see sales decline during the key holiday season....

The apparel sector is reeling after a string of disappointing holiday sales reports from mall chains, including duds from Kohl's ( KSS -9.3% ) and J.C. Penney ( JCP -11.7% ). More news on: Kohl's Corporation, J. C. Penney Company, Inc., Oxford Industries, Inc., Consumer stocks news, St...

J.C. Penney (NYSE: JCP ) reports holiday comparable store sales fell 7.5%. Holiday comparable store sales were down 5.3% after adjusting for the impact of the company's exit from major appliance and in-store furniture categories. More news on: J. C. Penney Company, Inc., Consumer stocks ...

PLANO, Texas, Jan. 09, 2020 (GLOBE NEWSWIRE) -- J. C. Penney Company, Inc. (NYSE: JCP) announced today that its comparable store sales for the combined nine-week period ending Jan. 4, 2020 decreased 7.5 %.  Adjusted comparable store sales, which exclude the impact of the Company’...

J.C. Penney  (NYSE: JCP) is struggling to deal with the challenges of the retail apocalypse. Its stock is down an incredible 90% from its five-year market peak in 2016. Its new CEO, Jill Soltau, who took the helm in Oct. 2018, is vowing to restore J.C. Penney to its former glory. It need...

JPMorgan previews the Q4 earnings season for the department stores and specialty softlines sectors. More news on: Lululemon Athletica Inc., Boot Barn Holdings, Inc., Nordstrom, Inc., Consumer stocks news Read more ...

With the holiday shopping season largely behind us, the bad news will start to flow soon from the usual retail suspects. J.C. Penney (NYSE: JCP) , Sears (OTC: SHLDQ) , and a variety of struggling mall retailers will almost certainly report poor results whenever they release fourth-quarter ...

The article was also shared with PRO+ Tech subscribers - find out more about PRO+ here . After investors struggled to make money in the 2000s amidst two historic market drawdowns, the 2010s have been quite the decade for stocks. This decade has marked the first full ten-year period ...

It's no secret that Target ( TGT ) is eating department stores' lunch. J.C. Penney ( JCP ), Kohl's ( KSS ), Macy's ( M ), and even Nordstrom ( JWN ) have all reported revenue declines ranging from 2% to 7% for the first nine months of fiscal 2019. All but J.C. Penney are facing sev...