J.C. Penney sees bigger loss than expected

Big loss and bigger-than-expected sales shortfall don’t hold shares back.. See you at the top! Best Credit Cards. J.C. Penney Reports 12% Drop in Sales Big loss and bigger-than-expected.

Major retailers reported generally sluggish october sales thursday, with J.C. Penney Co. warning of a bigger-than-expected loss in its fiscal third quarter, as analysts said the reports suggest a.

JCPenney is reporting a bigger losses than expected and plummeting sales, as customers continue to be turned off by a new pricing plan that gets rid of sales in favor of every day low prices.

NEW YORK – J.C. Penney reported a bigger-than-expected loss in its fiscal second quarter as a key sales metric fell well short of Wall Street’s view. The department store operator also cut its.

J.C. Penney Co. swung to a bigger-than-expected first-quarter loss and said Tuesday that it is cutting its. should improve as new merchandise flows in and customers come in to see its 10 new shops.

J.C. Penney (JCP) posts dismal third-quarter fiscal 2018 results, with lower revenues, comps and margins. Further, the company reported loss and withdrew view for fiscal 2018.

J.C. Penney reported a bigger-than-expected loss in its fiscal second quarter as a key sales metric fell well short of Wall Street’s view. The department store operator also cut its full-year forecast.

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JC Penney (JCP) Q2 Loss Wider than Expected, Affirms View.. J. C. Penney posted loss per share of 9 cents wider than the Zacks Consensus Estimate of a loss of 6 cents.. 5 Trades Could Profit.

JCPenney reported a bigger-than-expected loss in its fiscal second quarter, as a key sales metric fell well short of Wall Street’s view. The company also cut its full-year forecast again.

J.C. Penney reported a bigger loss than expected in the second quarter. Here’s why management remains bullish about the rest of the year. 5 Highlights From J.C. Penney Company, Inc.’s Q2 Earnings.

J.C. Penney Co. (JCP – Get Report) was down more than 25% on Thursday, Aug. 16, after the retailer reported a net loss of $101 million, or 32 cents a share, wider than the year-earlier loss of $48.

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