What a difference a year (or two) makes! Last Thursday, J.C. Penney reported better-than-expected first-quarter results including a second straight quarter of comparable-store sales growth. As a ...
Ordinarily, you’d expect a legal victory to give a company’s stock at least a short-term boost. But for J.C. Penney Company, Inc. (NYSE:JCP), all news lately has seemed to be bad news, and the stock ...
J.C. Penney (NYSE: JCP) stock has plunged in 2017 as investors have started to become more skeptical about the company's turnaround prospects. While J.C. Penney expects to produce positive adjusted ...
J.C. Penney is in the midst of one of the most remarkable turnarounds in retail history. Just three years ago, the company looked like it was following Sears Holdings down the road to ruin. Sales were ...
Wall Street didn't like J.C. Penney's third-quarter surprise. The unexpected revenue shortfall seemed to catch analysts unawares despite the retailer's previous warnings that sales were slowing.
NEW YORK - Shares of J.C. Penney Co. plummeted nearly 15 percent Wednesday, a stumble on the department store chain's rough road to turn around its business. The Plano, Texas-based retailer is trying ...
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