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

J. C. Penney (JCP) reported first-quarter fiscal 2018 adjusted loss per share of 22 cents that compared unfavorably with the year-ago figure of a penny. JC Penney (JCP) Falls on Q1 Loss, Sales.

Even the comeback kid of retail J.C. Penney jcp wasn’t spared by the awful spring slamming retailers.. J.C. Penney Shares Are Tanking as Sales Fall Unexpectedly. Penney’s net loss fell 54.

J.C. Penney stock sinks on falling sales. J.C. Penney reported a net loss of $163 million, or 75 cents per share, on roughly $3.2 billion in sales in the first quarter of 2012.. Analysts had.

Losses At JC Penney Double, Sales Slide, As Do Shares Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a terrible week for retailers.

J.C. Penney Co. Inc. JCP, +4.02% shares sank 6.6% in Friday premarket trading after the retailer revised its third-quarter guidance below estimates and issued a profit warning for both the third.

J.C. Penney Co. Inc. JCP, -0.08% share sank 8.8% in Thursday premarket trading after the retailer reported first-quarter sales that fell and the company cut its earnings guidance. J.C. Penney had.

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.

The company SKS, -5.76% also is in talks with different brands to offer exclusive collections as retailers from Macy’s Inc. M, +0.38% to J.C. Penney Co. JCP. Saks posted a quarterly net loss of.

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KTP is a J.C. Penney (JCP) bond, put in a $25 par trust wrapper, and then sold in the regular market under symbol KTP. It trades less than 32k shares per day. of current assets net of all.

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JC Penney Company Inc Shares Tank on Guidance Cut, Falling Sales JCP missed EPS estimates by 2 cents. Net loss reported by J C Penney Company Inc for the first quarter of the year came in at.

At Home Group Inc. to Announce First Quarter Fiscal 2020 Earnings Results on June 6, 2019 Genworth Financial, Inc. (NYSE: GNW) today reported results for the quarter ended march 31, 2019. The company reported net income 2 of $174 million , or $0.34 per diluted share, in the first quarter of 2019, compared with net income of $112 million , or $0.22 per diluted share, in the first quarter of 2018.