JC Penney Co Inc

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  • JCPenney: Insight into Its Roller Coaster Journey
    Company & Industry Overviews

    JCPenney: Insight into Its Roller Coaster Journey

    This series on JCPenney will provide insight into the company’s business and its turnaround strategy, key growth initiatives, stock price movement, and valuation.

    By Sirisha Bhogaraju
  • jcp
    Financials

    The Outlook for JCPenney Beyond Chapter 11 Bankruptcy Remains Uncertain

    By Rachel Curry
  • uploads///KSS
    Consumer

    A Closer Look at Kohl’s Q3 Bottom-line Performance

    Kohl’s (KSS) reported its third-quarter results for fiscal 2018 on November 20. The third-quarter adjusted EPS came in at $0.98, easily beating analysts’ estimate of $0.96.

    By Victoria Dean
  • uploads///US Treasuries Yield Curve
    Macroeconomic Analysis

    Treasury Yields Fell as September US Industrial Production Dipped

    Treasury yields fell across the yield curve for the week ended October 16, as US industrial production for September declined. Demand for safe-haven assets rose amid global uncertainty.

    By Lynn Noah
  • uploads///BURL Sales Growth
    Company & Industry Overviews

    How Burlington Stores Plans to Boost Its Sales

    Burlington Stores’ (BURL) off-price model helped it deliver same-store sales growth for the 19th consecutive quarter in fiscal 3Q17.

    By Sirisha Bhogaraju
  • uploads///Valuation
    Earnings Report

    Key Department Store Stocks Underperform in the Market

    As of September 4, department store stocks for Macy’s fell by 11.1% since the start of 2015. Despite 1H15 sales growth, Nordstrom’s stock also fell by 7%.

    By Sirisha Bhogaraju
  • uploads///JWN Margins
    Earnings Report

    Can Nordstrom’s Productivity Efforts Give Higher 1Q16 Margins?

    In April 2016, Nordstrom announced certain operating model improvements to generate savings of about $60 million in fiscal 2016.

    By Sirisha Bhogaraju
  • Consumer

    Why market reactions to the China-Vietnam tensions are mixed

    Though the recent tensions in the South China Sea seem to have gathered much attention, the markets don’t seem to have factored in the conflict.

    By Surbhi Jain
  • uploads///shirts _
    Consumer

    Why TJX Companies Stock Is up Over 3%

    The stock price of leading off-price retailer TJX Companies (TJX) was up 1.8% as of 10:53 AM EST today. The company announced its results for the first quarter of fiscal 2019.

    By Sirisha Bhogaraju
  • uploads///JCP Sales Q
    Earnings Report

    What Impacted JCPenney’s Fiscal 4Q16 Sales?

    JCPenney (JCP) expects its same-store sales growth in fiscal 2017 to range from -1.0% to 1.0%.

    By Sirisha Bhogaraju
  • uploads///JCP ANR
    Consumer

    Analysts’ Views on JCPenney Stock, Pre-fiscal 1Q18 Results

    Currently, most analysts covering JCPenney (JCP) stock recommend “hold.”

    By Sirisha Bhogaraju
  • uploads///ANR JWN
    Consumer

    Why Most Analysts Have ‘Hold’ Ratings on Nordstrom

    On August 2, 2016, Nordstrom’s (JWN) stock price had fallen by 18.7% to $40.74 on a YTD (year-to-date) basis.

    By Sirisha Bhogaraju
  • uploads///yoga _
    Company & Industry Overviews

    Why Lululemon Stock Is Rising Today

    Lululemon Athletica (LULU) stock was up over 3.0% in pre-market trading today after the company raised its guidance for the fourth quarter of fiscal 2018.

    By Sirisha Bhogaraju
  • uploads///Monthly Performance of Sub Sectors of Retail
    Company & Industry Overviews

    Department Stores Performed the Worst in November’s Retail Report

    The department store index performed the worst of all retail subsector indexes in November, falling by 12.3%.

    By Mark Jonker
  • uploads///JCP Same store sales
    Earnings Report

    JCPenney Looks for Growth beyond Apparel

    JCPenney’s (JCP) same-store sales declined by 0.4% in 1Q16 ended April 30, 2016.

    By Sirisha Bhogaraju
  • uploads///Macys same store sales Q
    Earnings Report

    Can Macy’s Initiatives Boost 2Q15 Same-Store Sales Growth?

    Macy’s is expanding its beauty business through the opening of Bluemercury shops within its stores. Macy’s acquired the luxury beauty product and spa services retailer for $210 million in March 2015.

    By Sirisha Bhogaraju
  • uploads///building __
    Consumer

    A Closer Look at JCPenney’s Mixed Fiscal 4Q17 Results

    As of March 6, 2018, JCPenney (JCP) stock has risen 19% to $3.76 on a YTD (year-to-date) basis.

    By Sirisha Bhogaraju
  • uploads///KSS stock price
    Miscellaneous

    Kohl’s Stock Fell 18.8% on News of Weak Fiscal 4Q15 Sales

    As of February 4, 2016, 14 of the 24 analysts covering Kohl’s have a “hold” recommendation for the stock, eight analysts have a “buy” recommendation, and two analysts gave a “sell” recommendation.

    By Sirisha Bhogaraju
  • uploads///holiday sales
    Company & Industry Overviews

    Will Macy’s and Its Peers Rejoice This Holiday Season?

    According to data released by the NRF (National Retail Federation) on December 14, 2016, retail sales rose 5.0% on a year-over-year basis in November.

    By Sirisha Bhogaraju
  • uploads///KSS price
    Earnings Report

    How Do Most Analysts Currently Rate Kohl’s?

    13 out of 24 analysts have “hold” recommendations on Kohl’s. Eight analysts have “buy” recommendations, and three analysts have “sell” recommendations.

    By Sirisha Bhogaraju
  • uploads///KSS
    Consumer

    What Are Analysts Recommending for Kohl’s Stock?

    Most of the analysts who have provided recommendations on Kohl’s (KSS) have maintained “buy” ratings on its stock.

    By Victoria Dean
  • uploads///KSS
    Miscellaneous

    What’s Kohl’s Valuation after First-Quarter Results?

    As of May 22, Kohl’s (KSS) was trading at a 12-month forward PE ratio of 11.2x. After the announcement of its first-quarter results on May 22, its valuation multiple has fallen 8.3%.

    By Victoria Dean
  • uploads///Consumer confidence
    Macroeconomic Analysis

    Consumer Sentiment Is down in March after 11-Year High

    The Consumer Sentiment Index for March 2015 declined to 93 from 95.4 in the month of February due to slightly higher gas prices and bad weather.

    By Sirisha Bhogaraju
  • uploads///JCP Margins
    Consumer

    How JCPenney Intends to Improve Its Margins

    In fiscal Q1 2018, JCPenney’s (JCP) gross margin declined about 240 basis points on a year-over-year basis to 33.8%.

    By Sirisha Bhogaraju
  • uploads///tshirt _
    Consumer

    Will Kohl’s Stock Gain Momentum on Q4 Results?

    Kohl’s (KSS) peer Macy’s (M) announced better-than-expected fiscal 2018 fourth quarter results on February 26, which led to a rise in stock prices for key players in the department store sector.

    By Sirisha Bhogaraju
  • uploads///JCP Sales Q
    Consumer

    How JCPenney’s Sales Fared in Fiscal 4Q17

    JCPenney’s (JCP) sales grew 1.8% in fiscal 4Q17 but missed analysts’ consensus estimate by 0.4%.

    By Sirisha Bhogaraju
  • uploads///ANR
    Miscellaneous

    Department Stores on the Street: What the Analysts Recommend

    Most department stores, including JCPenney (JCP), Macy’s (M), Nordstrom (JWN), and Kohl’s (KSS), have consensus “hold” ratings for their respective stocks.

    By Sirisha Bhogaraju
  • uploads///JCP Margins Q
    Consumer

    What Impacted JCPenney’s Profitability in Fiscal Q2 2018?

    JCPenney reported lower-than-expected adjusted EPS of -$0.38 in the second quarter of fiscal 2018 compared to analysts’ expectation of -$0.06.

    By Sirisha Bhogaraju
  • uploads///JCP Margins
    Consumer

    Analyzing JCPenney’s Margins in Fiscal 2Q17

    JCPenney’s (JCP) gross margin fell by 200 basis points to 35.1% in fiscal 2Q17—compared to 37.1% in fiscal 2Q16.

    By Sirisha Bhogaraju
  • uploads///Dept Chart
    Macroeconomic Analysis

    Department Stores’ Sales Sent Mixed Signals in Fiscal 3Q15

    Department stores’ results for fiscal 3Q15, which ended October 31, 2015, conveyed mixed signals to investors. Macy’s reported a 5.2% fall in 3Q15 sales.

    By Sirisha Bhogaraju
  • uploads///DVN
    Consumer

    Soros Fund Management opens a 1Q14 position in Devon Energy

    George Soros’ Soros Fund Management added a new position in Devon Energy (DVN) that accounts for 0.50% of the fund’s 1Q 2014 portfolio.

    By Samantha Nielson
  • uploads///Redbook
    Macroeconomic Analysis

    Johnson Redbook Index Reflects Sluggish US Same-Store Sales

    Subdued US same-store sales are not a favorable indicator for department stores. In 1Q15, which ended May 2, 2015, Macy’s (M) reported a 0.7% fall in same-store sales.

    By Sirisha Bhogaraju
  • uploads///Digital Index
    Earnings Report

    Macy’s Online Sales Expected to Grow in 2Q15

    Macy’s announced that it is rolling out same-day delivery of products purchased on its macys.com and bloomingdales.com websites, as well as on its mobile-enabled websites, to nine additional markets.

    By Sirisha Bhogaraju
  • uploads///M stock price movement
    Company & Industry Overviews

    Macy’s Investors Disappointed in 2015: Stock Falls More Than 46%

    Macy’s (M) stock price has fallen a whopping 46.7% this year. On December 21, 2015, Macy’s share price fell to $35.02. It touched its 52-week low of $34.50 on December 17.

    By Sirisha Bhogaraju
  • uploads///M Sales
    Earnings Report

    How Macy’s Plans to Boost Its Future Sales

    Sales under pressure As discussed earlier in this series, Macy’s sales continued to fall for the seventh straight quarter in 3Q16. In 3Q16, which ended on October 29, 2016, Macy’s same-store sales fell 3.3% on an owned basis. The company’s same-store sales fell 2.7% in the quarter on an owned plus licensed basis. Macy’s is […]

    By Sirisha Bhogaraju
  • uploads///Macys Valuation
    Consumer

    Comparing Macy’s Valuations to Its Peers’

    In this article, we’ll use the 12-month forward PE (price-to-earnings) ratio to assess Macy’s current valuation and compare it with its peers’.

    By Sirisha Bhogaraju
  • uploads///Sears
    Industrials

    Must-know update: DE Shaw increases its position in Sears Holdings

    DE Shaw increased its position in specialty retailer Sears Holdings (SHLD) from 0.01% to 0.07% in 4Q 2013.

    By Samantha Nielson
  • uploads///TGT Sales Trend
    Consumer

    What Are Target’s Key Growth Drivers?

    Besides the booming digital business, Target’s (TGT) focus on exclusivity through “only-at-target” brands has been a key sales-driving factor.

    By Amit Singh
  • uploads///ccdcdccdaadced
    Earnings Report

    Assessing Macy’s Stock Price Movement in 2015

    As of August 4, Macy’s stock price appreciated by 4.4% to $68.57 compared with the beginning of 2015.

    By Sirisha Bhogaraju
  • uploads///operating margin
    Company & Industry Overviews

    Why Operating Margin Expansion Might Be a Tough Task for Macy’s

    Macy’s (M) operating margin in 3Q15 declined to 4.4% from 6.8% in the comparable quarter of the previous year. The company’s 3Q15 operating margin was also lower than its peers.

    By Sirisha Bhogaraju
  • uploads///Macys Q Sames store
    Company & Industry Overviews

    Efforts to Improve Macy’s Same-Store Sales Growth

    At the Goldman Sachs Global Retailing Conference, Macy’s senior management discussed the company’s initiatives to improve Macy’s same-store sales.

    By Sirisha Bhogaraju
  • uploads///Kohls
    Consumer

    Kohl’s, JCPenney Slide amid Weak Holiday Sales

    Kohl’s stock plunged 9.5% while JCPenney was down 11% today at 1:01 PM ET. These department store chains announced dismal holiday sales.

    By Sirisha Bhogaraju
  • uploads///KSS
    Company & Industry Overviews

    A Detailed Discussion of Kohl’s 2017 Sales Numbers

    Kohl’s (KSS) reported better sales numbers than analysts’ projections for three of its reported quarters in 2017, but it missed expectations in one quarter.

    By Victoria Dean
  • uploads///Kohls
    Consumer

    Will Kohl’s Q1 Results Reflect Its Plight amid COVID-19?

    Kohl’s will likely report its first-quarter results on May 19. The mid-tier department store chain temporarily closed its stores starting on March 19.

    By Sirisha Bhogaraju
  • uploads///TJX US segment sales
    Earnings Report

    TJX Companies: Pricing Strategy Benefits US Sales in 2Q16

    In the first six months of fiscal 2016, HomeGoods accounted for 12.2% of the consolidated net sales of TJX Companies. That’s up from 11.2% in the comparable period of the previous year.

    By Sirisha Bhogaraju
  • uploads///JCP Earnings
    Earnings Report

    JCPenney’s Stock Rises by 14.7% on 4Q15 Earnings Beat

    JCPenney’s earnings were ahead of the consensus Wall Street analysts’ estimate of $0.21 per share.

    By Sirisha Bhogaraju
  • uploads///shop _
    Company & Industry Overviews

    Kohl Investors Welcome Expansion of Partnership with Amazon

    Kohl’s (KSS) stock surged 11.9% on April 23 in reaction to news of its expanded partnership with Amazon (AMZN).

    By Sirisha Bhogaraju
  • uploads///business suit _
    Company & Industry Overviews

    JCPenney Hopes Key Executive Appointments Will Lead to Turnaround

    JCPenney (JCP) stock rose 1.5% on January 15 in reaction to the mid-tier department store chain’s announcement of key executive appointments.

    By Sirisha Bhogaraju
  • uploads///department store _
    Company & Industry Overviews

    Analysts Downgrade Macy’s Stock on Weak Outlook

    Bank of America Merill Lynch downgraded Macy’s stock to an “underperform” after the department store reported weak holiday sales.

    By Sirisha Bhogaraju
  • uploads///store _
    Company & Industry Overviews

    Is Sears on the Verge of Liquidation?

    According to a CNBC report, Sears Holdings (SHLDQ) might have one day to save itself from being liquidated.

    By Victoria Dean
  • uploads///Jobless
    Macroeconomic Analysis

    Fall in Jobless Claims Might Benefit Department Stores

    Initial jobless claims for the week ending June 13 came in at 267,000 on a seasonally adjusted basis—better than consensus economists’ estimate of 275,000.

    By Sirisha Bhogaraju
  • uploads///Jan price
    Company & Industry Overviews

    JCPenney Stock Still in the Red, Analysts Mostly Say ‘Hold’

    Nine out of 25 analysts have a “buy” recommendation for JCPenney’s (JCP) stock, ten have a “hold” recommendation, and six gave a “sell” recommendation.

    By Sirisha Bhogaraju
  • uploads///consumer confidence indices
    Macroeconomic Analysis

    Conference Board Indicates Upbeat Consumer Confidence in March

    In March, the Consumer Confidence Index surged to 101.3. In February, it dropped to 98.8 from 103.8 in January. The CSI fell to 93.0 from 95.4 in February.

    By Sirisha Bhogaraju
  • uploads///JWN Sales Q
    Earnings Report

    Nordstrom Missed 4Q15 Sales Guidance on Weak Full-Line Store Sales

    The 4Q15 sales of upscale department store Nordstrom (JWN) came in at $4.19 billion, missing the consensus analysts’ estimate of $4.22 billion. In this series, we will discuss the company’s earnings, store growth plans, planned capital spending, and the outlook for fiscal 2016.

    By Sirisha Bhogaraju
  • uploads///store _
    Company & Industry Overviews

    Sears Has a Shot at Survival Only if Lampert’s Bid Gets Approval

    Sears Holdings (SHLDQ) has been in the limelight for all the wrong reasons.

    By Victoria Dean
  • uploads///JCPgross margin
    Company & Industry Overviews

    Why JCPenney Considers Its Private Brands to Be Vital

    JCPenney (JCP) considers its private brands as key sales drivers. Some of the company’s popular private brands are St. John’s Bay, Arizona, Okie Dokie, Total Girl, and Xersion.

    By Sirisha Bhogaraju
  • uploads///KSS
    Company & Industry Overviews

    How Do Kohl’s Margin Numbers Stack Up?

    In 4Q17, Kohl’s (KSS) reported a gross profit of $2.3 billion, up 10.7% on a YoY (year-over-year) basis, driven by higher revenue.

    By Victoria Dean
  • uploads///JCP EPS Q
    Consumer

    JCPenney’s Bottom Line Continued to Improve in 2Q16

    JCPenney’s strategic initiatives helped improve its bottom line in all of the quarters in fiscal 2015 and in 1Q16. IJJ has 0.4% exposure to JCPenney.

    By Sirisha Bhogaraju
  • uploads///football american college game
    Company & Industry Overviews

    JCPenney Gets Sporty, Partners with Fanatics

    On June 7, JCPenney (JCP) announced its partnership with Fanatics—a leading licensed sports merchandise retailer.

    By Sirisha Bhogaraju
  • uploads///MICHAEL KORS
    Company & Industry Overviews

    Consumer Post-Earnings Coverage for November 6–10, 2017

    Nordstrom (JWN) announced its fiscal 3Q17 results on November 9, 2017, after the market closed. Revenue rose 2.5% to $3.6 billion YoY (year-over-year), which was 1.4% higher than the estimate.

    By Sushree Mohanty
  • uploads///JCP same store sales
    Company & Industry Overviews

    JCPenney’s 4Q15 Sales Should Benefit from Strong Holiday Results

    JCPenney (JCP) reported same-store sales growth of 3.9% in November and December—the 2015 holiday season.

    By Sirisha Bhogaraju
  • uploads///JCP Q EPS
    Earnings Report

    JCPenney’s Turnaround Strategy Helps Narrow 2Q15 Loss

    JCPenney (JCP) trimmed its adjusted loss per share in fiscal 2Q15 to $0.41 compared to $0.75 in the corresponding quarter last year.

    By Sirisha Bhogaraju
  • uploads///JCP Sales Q
    Earnings Report

    JCPenney’s 1Q16: Sales Fall after 5 Straight Quarters of Growth

    JCPenney’s (JCP) sales fell by 1.6% to $2.8 billion in 1Q16, amid a challenging retail environment.

    By Sirisha Bhogaraju
  • uploads///hanger clothing department store
    Company & Industry Overviews

    Why Nordstrom Stock Fell on July 10

    Nordstrom (JWN) stock fell 2.7% on July 10 following a rating downgrade by KeyBanc Capital Markets to “sector weight” from “overweight.”

    By Sirisha Bhogaraju
  • uploads///stock price
    Company & Industry Overviews

    An Interesting Alliance: Macy’s Partnership with Best Buy

    On September 8, Macy’s partnership with Best Buy was announced. Macy’s will open licensed Best Buy shops within ten of its stores.

    By Sirisha Bhogaraju
  • uploads///JCP stock price
    Miscellaneous

    JCPenney’s Stock Up by 42% in 2016 as Analysts See More Upside

    Of the 26 analysts covering JCPenney’s stock, 11 analysts have a “buy” recommendation and 11 analysts have a “hold” recommendation. Four analysts have issued a “sell” rating.

    By Sirisha Bhogaraju
  • uploads///cbbceebccd
    Earnings Report

    Why JCPenney Stock Rallied in the First Half of 2015

    The rise in JCPenney stock is influenced by its improved financials and renewed expectations about growth prospects. In fiscal 2014, JCPenney reported same-store sales growth of 4.4%.

    By Sirisha Bhogaraju
  • uploads///Macys valuation
    Earnings Report

    Macy’s Valuation Falls in Reaction to Its 1Q17 Results

    Macy’s (M) 12-month forward PE (price-to-earnings multiple) fell 15.1% to 7.2x on May 11, 2017, in reaction to its disappointing 1Q17 performance.

    By Sirisha Bhogaraju
  • uploads///KSS Sales
    Company & Industry Overviews

    What Analysts Expect from Kohl’s Fiscal 2019 Sales

    Kohl’s (KSS) net sales fell 3.4% to $6.54 billion in the fourth quarter of fiscal 2018.

    By Sirisha Bhogaraju
  • uploads///t shirts _
    Consumer

    Nordstrom Stock Fell, Revenue Outlook Shadowed Strong Q3 Results

    Nordstrom (JWN) stock fell 9% in after-hours trading on November 16 following the announcement of its third-quarter results.

    By Sirisha Bhogaraju
  • uploads///JCP analysts rating
    Consumer

    JCPenney: Why Most Analysts Rate the Stock a ‘Buy’

    As we mentioned in Part 1 of this series, JCPenney’s (JCP) stock has risen 24.7% since the start of the year to $8.69 as of June 28.

    By Sirisha Bhogaraju
  • uploads///Burlington key producst
    Company & Industry Overviews

    Burlington Stores Enhances Women’s Apparel, Home, Beauty Assortments

    Burlington Stores puts a high emphasis on certain merchandise categories like ladies apparel, home and bath, cosmetics, and fragrances.

    By Sirisha Bhogaraju
  • uploads///ETFs
    Company & Industry Overviews

    ETFs with holdings in Macy’s: How should I invest?

    Some ETFs with holdings in Macy’s include one of the most popular ETFs in this category, the Consumer Discretionary Select Sector SPDR Fund (XLY).

    By Sirisha Bhogaraju
  • uploads///AdobeStock__Editorial_Use_Only
    Company & Industry Overviews

    Can Target Save Toys R Us from the Retail Graveyard?

    Target has just announced a partnership with Toys R Us parent company Tru Kids Brands to manage online sales and order fulfillment.

    By David Moadel
  • uploads///JCP EPS Q
    Earnings Report

    JCPenney’s Sales Fall in 1Q16: How Did It Trim Its Losses?

    JCPenney (JCP) was able to trim its losses in 1Q16 ended April 30, 2016, despite lower sales.

    By Sirisha Bhogaraju
  • uploads///tshirt _
    Company & Industry Overviews

    Why Macy’s and Other Department Store Stocks Fell Yesterday

    On May 7, the stocks of Macy’s, Nordstrom (JWN), Kohl’s (KSS), and JCPenney (JCP) fell 3.8%, 2.0%, 4.3%, and 3.5%, respectively.

    By Sirisha Bhogaraju
  • uploads///Kohls rating
    Consumer

    Is Analyst Pessimism for Kohl’s Stock Increasing?

    Kohl’s stock has been seeing increased pessimism among analysts lately. Jefferies downgraded its rating for the stock yesterday, followed by Cowen today.

    By Shreerag Menon
  • uploads///JCP Margins
    Earnings Report

    JCPenney: What Does the Company Expect for Its Gross Margin?

    JCPenney’s (JCP) gross margin expanded to 34.1% in 4Q15 ended January 30, 2016, compared with 33.8% in 4Q15.

    By Sirisha Bhogaraju
  • uploads///tshirt _
    Consumer

    Nordstrom Stock Fell in After-Hours Trading

    On May 17, Nordstrom reported 0.6% growth in its comps on a YoY basis, which sent the stock down ~7% in after-hours trading.

    By Victoria Dean
  • uploads///Employment Cost Index
    Macroeconomic Analysis

    Employment Cost Index Up 0.7% in First Quarter

    The employment cost index increased by 0.7% for the first quarter of 2015 on a seasonally adjusted basis. This was higher than economists’ consensus expectation of 0.6%.

    By Sirisha Bhogaraju
  • uploads///Estimated revenue growth
    Company & Industry Overviews

    Macy’s Could Benefit from Higher Demand for Consumer Electronics

    Macy’s is likely to benefit from its partnership with Best Buy given the growing demand for consumer electronics.

    By Sirisha Bhogaraju
  • uploads///store clothes clothing line
    Company & Industry Overviews

    Kohl’s Stock Fell 4.8% in the Last Trading Session

    Kohl’s (KSS) stock fell 4.8% on January 10. Investors were disappointed with the sales growth deceleration during the holiday season.

    By Victoria Dean
  • uploads///Macy ANR
    Miscellaneous

    Macy’s Stock: Why Do Most Analysts Rate It a ‘Hold’?

    On February 2, 2017, 19 out of 22 analysts covering Macy’s (M) stock had “hold” recommendations, and three analysts had “buy” recommendations.

    By Sirisha Bhogaraju
  • uploads///JCP Merchandise Mix
    Company & Industry Overviews

    JCPenney Brings Appliances Back to Stores after Over 3 Decades

    JCPenney (JCP) will be bringing a leading assortment of major appliances to 22 pilot stores effective February 1, 2016.

    By Sirisha Bhogaraju
  • uploads///JCP Price
    Consumer

    How Wall Street Analysts View JCPenney before Its Fiscal 2Q17 Results

    On August 4, JCPenney (JCP) stock was rated “hold” by 14 of 23 analysts. JCP stock is rated “buy” by seven analysts and “sell” by two analysts.

    By Sirisha Bhogaraju
  • uploads///Macys Sales Trend
    Company & Industry Overviews

    Macy’s International Growth: Bloomingdale’s to Open in Kuwait

    Macy’s (M) is gearing up for further international expansion with its plan to open its first Bloomingdale’s store in Kuwait.

    By Sirisha Bhogaraju
  • uploads///music _
    Consumer

    Sears Could See Double-Digit Revenue Fall in First Quarter

    Sears Holdings (SHLD) is expected to report a revenue decline of 33.6% to $2.9 billion in the first quarter.

    By Victoria Dean
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    Fund Managers

    What investors need to know about PVH’s operations

    In the apparel industry, operators are focusing on the retail side of their business. Through retail operations, companies generate higher margins.

    By Santiago Solari
  • uploads///GGP dividend
    Consumer

    Must-know: Does e-commerce mean the end of malls?

    General Growth CEO Sandeep Mathrani spent a lot of time on the conference call discussing the impact of e-commerce on his company (and mall REITs in general).

    By Brent Nyitray, CFA, MBA
  • uploads///ULTA Sales Q
    Earnings Report

    Behind Ulta Beauty’s Strong Sales Growth in Fiscal 1Q17

    Sales for Ulta Beauty (ULTA) rose 22.5% to $1.31 billion in fiscal 1Q17. It exceeded the consensus Wall Street analysts’ sales estimate of $1.28 billion.

    By Sirisha Bhogaraju
  • uploads///JCP ANR
    Miscellaneous

    JCPenney: Analysts’ Recommendations and Target Price

    As of July 13, 15 analysts covering JCPenney (JCP) stock have a “hold” rating. Seven analysts have a “buy” rating, while two analysts have a “sell” rating.

    By Sirisha Bhogaraju
  • uploads///MAcys price
    Company & Industry Overviews

    Macy’s Closes Brooklyn Real Estate Transaction

    On January 29, 2016, Macy’s (M) announced the completion of its transaction with Tishman Speyer for the redevelopment of its Brooklyn, New York, store on Fulton Street.

    By Sirisha Bhogaraju
  • uploads///Mobile payment transaction value
    Company & Industry Overviews

    Apple Pay Should Benefit Immensely from Starbucks Partnership

    Some Starbucks stores will start accepting Apple Pay by the end of this year. Apple Pay’s complete rollout at 7,500 Starbucks stores will happen by the end of next year.

    By Puneet Sikka
  • jcpenney set to avoid bankruptcy  million acquisition
    Consumer

    JCPenney Has Potential $800 Million Rescue Deal to Avoid Bankruptcy

    By Ambrish Shah
  • uploads///Macys sales growth trend
    Company & Industry Overviews

    Weak Sales: Specific to Macy’s or Other Department Stores, Too?

    Macy’s (M) has missed consensus Wall Street sales estimates in each of the first three quarters of fiscal 2015, which will end January 30, 2016.

    By Sirisha Bhogaraju
  • uploads///hanger _
    Consumer

    Could Nordstrom’s Fourth-Quarter Results Beat Expectations?

    Nordstrom (JWN) is set to declare its fiscal 2018 fourth-quarter results after markets close on February 28.

    By Sirisha Bhogaraju
  • uploads///DECK
    Company & Industry Overviews

    Why Deckers Is Reducing Its Store Footprint

    Deckers (DECK) is emphasizing retail store closures despite labeling them as a vital component of the company’s omnichannel strategy.

    By Victoria Dean
  • uploads///BHI
    Consumer

    Soros Fund Management buys a new position in Baker Hughes

    Soros Fund Management added a new position in Baker Hughes Inc. (BHI) that accounts for 0.67% of the fund’s 1Q 2014 portfolio.

    By Samantha Nielson
  • uploads///EPS
    Earnings Report

    Must-Know: Factors that Might Impact Macy’s 1Q15 Earnings

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