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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 ...
Are These Penny Stocks Set To Head Higher This Week? One of the most important things to keep in mind with regards to penny stocks is that it’s possible to generate substantial returns within a short timespan. While that may be true, an investor still needs to conduct thorough researc...
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 ...
These Penny Stocks Are Active On Friday Trading penny stocks can bring a small-portfolio investor the potential to make a big profit in a short amount of time. This is thanks to penny stocks typically having absurd levels of price volatility. If an investor is able to find the right penny s...
The following slide deck was published by J. C. Penney Company, Inc. in conjunction with their 2019 Q3 earnings Read more ...
News, Short Squeeze, Breakout and More Instantly...
J.C. Penney Company Inc. Company Name:
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L Brands (LB), Macy’s (M),JC Penney (JCP), and Ascena (ASNA) are struggling due to decreased foot traffic for retail stores. Unlike other retailers, they’ve been unable to make up for it with online sales. Certain retailers are facing a crisis due to the coronavirus. The ...
Simon Property Group (NYSE: SPG) doesn't have enough money to buy up all of the retailers that are going to close their doors this year. The shopping mall operator has been on a spending spree , buying up bankrupt retailers in an effort to keep them from closing down and leaving vacant sto...
As J.C. Penney (NYSE: JCP) continues to maneuver through the complexities of Chapter 11 bankruptcy and its efforts to streamline its operations back into a financially sound business, 136 of its stores, earmarked for closure, began liquidation sales today. At the same time, the few remaining...