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

J.C. Penney’s Stock Climbs On Improved Sales & Narrowed Losses in Q2. Net Income: J.C. Penney said its net losses. Comparable-store sales through our Sephora inside J.C. Penny locations.

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J.C. Penney sales fall short, net loss doubles; shares sink. By Melissa Fares and Uday Sampath Kumar. May 21 (Reuters) – Same-store sales fell more than expected at J.C. Penney Co Inc in the first.

Why JC Penney Is Collapsing to New 52-Week Lows. just cannot make up the difference of in-store losses versus online sales gains. J.C. Penney Co. Inc. (NYSE: JCP) has reported earnings, but.

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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J.C. Penney Co. Inc. JCP, +1.38% 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.

J.C. Penney sales fall short, net loss doubles; shares sink By Melissa Fares and Uday Sampath Kumar May 21 (Reuters) – Same-store sales fell more than expected at J.C. Penney Co Inc in the first.

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J.C. Penney’s sales traction and high short interest could lead to one of the biggest short squeezes of the spring season. The retailer reported a smaller than-expected-loss and strong sales.

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J.C. Penney sales fall short, net loss doubles; shares sink. Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss.

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2019-05-21  · (Reuters) – 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.

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