J.C. Penney sales fall short, net loss doubles; shares sink

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J.C. Penney Co. Inc. JCP, -0.86% shares sank 16.4% in Friday premarket trading after the retailer reported second-quarter losses that exceeded expectations. J.C. Penney reported a net loss of $62.

05/24, J C PENNEY : jcpenney announces shawn gensch as Chief Customer Officer. AQ. 05/21, J.C. Penney sales fall short, net loss doubles; shares sink. RE . Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled after the retailer exited its appliance and in-store furniture businesses.

Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter results that were hurt by the roll out of a new loyalty program and slow.

J.C. Penney Co Inc has hired advisers to explore debt restructuring. Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter.

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J. C. Penney Company, Inc. jcp commenced fiscal 2018 on a dismal note.. JC Penney (JCP) Shares Plunge on Q1 Loss & Sales Decline.. generated total net sales of $2,584 million that decreased.

May 21 Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled after the retailer exited its appliance and in-store furniture businesses,

J.C. Penney’s Shares Drop After Weak Quarter. Not only did same-store sales growth fall well short of consensus estimates of. Leveraged ETFs try to double or triple the daily performance of.

J.C. Penney’s net loss widened to $180 million, or 58 cents per share, in the quarter ended April 29. JC Penney Shares Hit Record Low as Its Quarterly Loss More Than Doubles Subscribe

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J.C. Penney Co. (JCP) is reporting a loss of $180 million in its fiscal first quarter. Losses at JC Penney double, sales slide, as do shares | Fox Business News

May 21 Same-store sales. and its net loss nearly doubled after the retailer exited its appliance and in-store furniture businesses, sending shares down more than 9% on Tuesday. J.C. Penney Co Inc.

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J.C. Penney said that it will shut down more than a hundred underperforming stores in the coming months, which obviously is going to affect the retailer’s full year comparable store sales results.

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