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J.C. Penney Company stock price
J.C. Penney Company latest news:
J.C. Penney is closing eight more stores. Is yours on the list?
J.C. Penney is closing 8 more stores, after shuttering 138 last year
Why J.C. Penney Company, Inc. Stock Rose 17% in January
The department store chain gained after reporting strong comparable sales growth for the holiday period.
Macy’s and J.C. Penney had a decent Christmas after all
Both had better-than-expected sales.
Macy's, Penney see holiday sales growth
Macy's and J.C. Penney report holiday sales growth, offering encouraging signs for other retailers
J.C. Penney reports 3.4% holiday season same-store sales increase
J.C. Penney Co. Inc. reported a 3.4% same-store sales increase for the nine weeks ending Dec. 30, 2017, and reaffirmed its full-year guidance in a Thursday announcement. The fourth-quarter FactSet consensus is for same-store sales growth of 0.8%. The retailer saw improved same-store performance across apparel, particularly in women's and kids, and double-digit sales growth in e-commerce, according to a statement from Chief Executive Marvin Ellison. And the company is now able to fill e-commerce orders from all of its brick-and-mortar stores, Ellison said. J.C. Penney reaffirmed its previous guidance for full-year fiscal 2017 adjusted earnings per share of 2 cents to 8 cents and flat to a 1% same-store sales decline. The FactSet consensus is for EPS of 7 cents and a same-store sales decline of 0.5%. J.C. Penney shares are unchanged in Thursday premarket trading, and up 4.5% for the past three months. The S&P 500 index is up nearly 7% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
J.C. Penney delivers encouraging holiday sales performance
J.C. Penney emerged from the crucible of the holiday shopping season with a sales increase, providing a ray of hope for department stores.
Can J.C. Penney Weather a Market Downturn?
The company has made some strides toward recovery, but it remains vulnerable.
JC Penney launches subscription box for big and tall men
J.C. Penney has partnered with Bombfell, a subscription box service similar to that of Stitch Fix and Trunk Club.
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