J C Penney Company Inc news

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JCP 3.22 0.00 (0.00%)
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The reasons to buy JC Penney
During the conference call, CEO Marvin Ellison stated that JC Penney's liquidation of slower-moving women's apparel helped it "reset" that core business (which generated almost a quarter of its revenue last year) by pivoting away from "traditional ...
JC Penney: Turnaround Rally Or Dead Cat Bounce?
But helping to cheer up nostalgic shareholders were news coming from the company's good fiscal 3Q17 results reported last week and the stock price reaction that followed.
Why I'm Not Buying Into JC Penney Company Inc Stock's Turnaround Yet
Management said at the time that they had mismanaged their inventory, specifically in women's fashion. This was an embarrassing error for a company that has been selling this category of products for a century now. Regardless, errors happen, and we ...
JC Penney: A Margin Expansion Story In Progress  Seeking Alpha
Analysts Predict JC Penney Company, Inc. (JCP) Stock Can Get To A $1.12B ...  AllStockNews
JC Penney Clears a Low Earnings Bar
J C Penney surprised analysts by reporting same-store sales that were better than expected. The Associated Press. J C Penney Company Inc (NYSE: JCP) finally gave investors something to celebrate on Friday when the company reported a surprise uptick in ...
JC Penney is the bright spot for retail this week  ABC News
JC Penney: Questions For Q3 2017 Earnings  Seeking Alpha
JC Penney Company Inc (JCP) Falls to 30-Year Low
J C Penney's stock fell after the firm reduced expectations for the upcoming holiday shopping season. (LM Otero/AP). J C Penney Company Inc (NYSE: JCP) stock crashed more than 17 percent Friday to its lowest level since the 1980s after the company ...
JC Penney Company, Inc. Slashes Its Guidance: What Investors Need to Know  Motley Fool
JC Penney Company Inc Is a Losing Bet  Investorplace.com
JC Penney Company Inc May Have Found a Bottom
Total sales fell 1.8% to $2.807 billion, and cost of goods increased 3.2% to $1.852 billion. However, SG&A fell 5.4% to $849 million.
JC Penney: Why The Q3 Beat Will Continue Into Q4  Seeking Alpha
15% Yielding Unsecured Debt
Women's clothing had to significantly discount in order to move stale merchandise, killing margins. Bright spots included appliances and beauty.
JC Penney earnings by the numbers
Data source: J.C. Penney Q3 earnings report. Chart by author. On the other hand, J.C. Penney's gross margin pressure was just as bad as expected.
JC Penney Makes Another Negative Revision To Guidance
In this case, gross margin expectations have been reduced due to its decision to clear out slow-moving inventory. The situation at J.C. Penney isn't dire, but there has been a fairly steady stream of disappointing news over the past year and a bit. J.C ...
JC Penney Below $3 - Some Thoughts
A few months ago, I warned that J.C. Penney's guidance was totally unreliable, and so far, I am being proved right. Despite the low credibility, we have to give JCP credit for what it accomplished on the front of cost reduction and deleveraging. The ...
The JC Penney Company Inc Stock Story Is Bound to Get Uglier  Investorplace.com