DALLAS -J.C. Penney Co. s ninth straight sales drop. Same-store sales were down 11.9%, worse than the 8.3% analysts expected, but better than the 22% decline a year earlier. The second quarter saw.
J.C. Penney. quarter same-store sales at the high end of its 2% to 4% target. Analysts at Retail Metrics had projected such growth of 2.7% for Penney. Penney has been trying to rebound from a.
J.C. Penney Co Inc reported a steeper-than-expected fall in quarterly comparable-store sales on Tuesday after the retailer exited its appliance and in-store furniture categories, sending shares.
"Jc Penney" News . 0 shares:. Sales drop at Kohl’s, J.C. Penney. Investors hoping for retail turnaround stories were disappointed Tuesday. Same-store sales dropped at Kohl’s and J.C. Penney, falling short of estimates. Fred Katayama reports.
J.C. Penney posts steeper-than-expected drop in same-store sales 05/21/2019 (Reuters) – J.C. Penney Co Inc reported a steeper-than-expected drop in quarterly comparable-store sales on Tuesday, hit by the exit from selling major appliances and in-store furniture categories, sending its shares down 10% in early trading.
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The company forecast a sharper-than-expected drop in quarterly. ago quarter, but J.C. Penney said it expects to post significantly lower sales of approximately $2.64 billion, representing a 16.
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(Reuters) – J.C. Penney Co Inc reported a steeper-than-expected fall in quarterly comparable-store sales on Tuesday after the retailer exited its appliance and in-store furniture categories, sending shares down 10% in premarket trading. The retailer, which earlier this year said it would stop.
J.C. Penney Co Inc reported a steeper-than-expected drop in quarterly comparable-store sales on Tuesday, hit by the exit from selling major appliances and.
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(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 its appliance and in-store furniture businesses, sending shares down more than 9% on Tuesday.
Last month, J.C. Penney named Mary Beth West as both CMO and chief customer officer, succeeding CMO Debra Berman and expanding the post. sales rose 1.3%, while comparable store sales advanced 1.4%..
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.