JC Penney (NYSE:JCP) will release its Q2 2019 earnings results on August 15, and investors are looking forward to the results. In the past few weeks, JCP stock has not been doing well, and it dropped below the $1 mark as a result of tariff uncertainties and reports that the company is seeking options for the restructuring of its debt.
Gross Margin has Been DecliningThe company’s declining sales have put JC Penney in the spotlight, and gross margin decline has been the main cause of the company’s weakening profits in the past few years. For ...
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