JC Penney Co Inc

Latest JC Penney Co Inc News and Updates

  • JCPenney storefront sign
    Company & Industry Overviews

    JCPenney Used to Sell Major Home Appliances — Selection Is Limited Now

    Appliances used to be a huge part of the JCPenney shopping experience. After so many years, does the retailer still sell home appliances?
    By Robin Hill-Gray
  • A shopper standing outside of a JCPenney store
    Consumer

    Is JCPenney Going Out of Business? Company Is Down, Not Out Yet

    JCPenney filed for bankruptcy in May 2020 and emerged from it after seven months of reorganization. Many people still wonder, is JCPenney out of business?
    By Anuradha Garg
  • 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
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    Financials

    The Outlook for JCPenney Beyond Chapter 11 Bankruptcy Remains Uncertain

    After a bankruptcy, a buyout, and hundreds of store closures, will JCPenney department stores survive?
    By Rachel Curry
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    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
  • 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
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    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
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    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
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    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
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    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
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    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
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    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
    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
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    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///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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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///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
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    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
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    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
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    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
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    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///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///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
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    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///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
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    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
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    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
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    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
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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
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    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///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///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
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    Consumer

    JCPenney Has Potential $800 Million Rescue Deal to Avoid Bankruptcy

    U.S. mall owners Brookfield and Simon are nearing an $800 million acquisition deal to rescue JCPenney from 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///KSS Stock Price
    Company & Industry Overviews

    Will Kohl’s New CEO Improve Its Performance?

    On September 26, Kohl’s (KSS) announced that Kevin Mansell, its chairman, CEO, and president, will retire in May 2018. Michelle Gass will be the next CEO.

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

    How Does JCPenney Plan to Seek Sales Growth in Fiscal 2017?

    JCPenney opened 61 new Sephora locations and operated 577 Sephora stores within JCPenney locations by the end of fiscal 2016. The company plans to open 70 new Sephora stores in fiscal 2017.

    By Sirisha Bhogaraju
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    Consumer

    Kohl’s Q1 Results: Doom for Retailers amid COVID-19

    Kohl’s first-quarter net sales declined 43.5% YoY (year-over-year) to $2.16 billion. The company lagged analysts’ estimate of $2.18 billion.

    By Sirisha Bhogaraju
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    Consumer

    Will Macy’s Survive COVID-19 or Sink Like JCPenney?

    COVID-19 might lead to doom for department store chains like Macy’s (NYSE:M) and JCPenney (NYSE:JCP). They struggled before the pandemic.

    By Sirisha Bhogaraju
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    Consumer

    US Retail Sales Fell in March, COVID-19 Hurt Demand

    Stocks of major retailers fell on April 15 following news that US retail sales fell at a historical rate in March amid COVID-19.

    By Sirisha Bhogaraju
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    Consumer

    JCPenney: Is Bankruptcy the Only Option Left?

    Mid-tier department store chain JCPenney (NYSE:JCP) might file for bankruptcy. The news dragged the stock down by 26% as of 9:56 AM ET today.

    By Sirisha Bhogaraju
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    Consumer

    Should Investors Consider Buying Walmart Stock?

    Walmart (NYSE:WMT) stock has been rising despite the economic fallout amid the coronavirus outbreak. The stock has gained 11.4% this month.

    By Sophia Nicholson
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    Consumer

    Macy’s Will Close 125 Stores amid Online Shopping Demand

    Macy’s has decided to close 125 stores over the next three years. The company will also reduce 10% of its staff, which is around 2,000 corporate jobs.

    By Sushree Mohanty
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    Consumer

    Kohl’s Gets a Downgrade after Dismal Holiday Sales

    This week has been quite a nightmare for Kohl’s investors. Three companies lowered their ratings for the mid-tier department store chain.

    By Sirisha Bhogaraju
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    Consumer

    Will JCPenney Recover or Sink Further in 2020?

    JCPenney (JCP) stock rose 9.6% this year. Investors were relieved when the store announced better-than-expected third-quarter results in November.

    By Sirisha Bhogaraju
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    Consumer

    Could Kohl’s Stock Continue to Fall?

    Kohl’s stock has dropped 24.9% so far this year. Its peers Macy’s and Nordstrom have declined 47.5% and 16.6%, respectively, YTD.

    By Shreerag Menon
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    Consumer

    Macy’s Stock Falls after Earnings on Weak Outlook

    Macy’s (M) earnings for the third quarter yet again reflected the struggle that’s facing department stores in this highly competitive retail market.

    By Sirisha Bhogaraju
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    Consumer

    TJX Companies’ Q3 Earnings Impress Investors

    TJX Companies (TJX) reported better-than-expected earnings results for the third quarter of fiscal 2020, which ended on November 2.

    By Sirisha Bhogaraju
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    Consumer

    Kohl’s Tanks on Weak Q3 Results, Cuts Outlook

    Kohl’s (KSS) stock was down 17.6% as of 11:48 AM today after the company declared weak results for the third quarter of fiscal 2019.

    By Sirisha Bhogaraju
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    Consumer

    Will Kohl’s Q3 Sales Exceed Expectations?

    Kohl’s is scheduled to announce its fiscal 2019 third-quarter earnings results on November 19. It lagged sales estimates in the second quarter.

    By Sirisha Bhogaraju
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    Consumer

    JCPenney Stock Soars on Lower-than-Expected Q3 Loss

    Mid-tier department store chain JCPenney (JCP) impressed investors by reporting a lower-than-anticipated loss for the third quarter of fiscal 2019.

    By Sirisha Bhogaraju
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    Materials

    Will Ackman’s bearish stance on Herbalife (HLF) finally pay off?

    In this six part series, we’ll go through some of the main positions Pershing Square Capital Management LP traded this past quarter.

    By Samantha Nielson
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    Consumer

    Macy’s Stock Fell More after Rating Downgrade

    Macy’s (M) stock fell 4.2% on October 18 after Credit Suisse downgraded its rating. Credit Suisse downgraded the rating to “underperform” from “neutral.”

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    Levi’s Beat the Blues: Q3 EPS Exceeded Expectations

    Levi Strauss reported its Q3 results after market hours yesterday. Levi’s Q3 EPS of $0.31 exceeded analysts’ expectations of $0.27.

    By Namrata Sen Chanda
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    Company & Industry Overviews

    Forever 21 Bankruptcy: Should You Shun Retail Stocks?

    The US retail sector has seen a bloodbath in the last five years. The latest to join the list is Forever 21, which filed for bankruptcy on Sunday.

    By Namrata Sen Chanda
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    Consumer

    Kohl’s Stock Plunges after Mixed Q2 Results

    Kohl’s (KSS) stock was down 6.3% as of 12:35 PM ET today as the company lagged analysts’ sales forecast for the second quarter.

    By Sirisha Bhogaraju
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    Consumer

    JCPenney Earnings: Dismal Sales but Narrower Losses

    JCPenney (JCP) stock rose 14% in today’s pre-market hours and was up 3.4% as of 2:19 PM ET after more disappointing earnings results.

    By Sirisha Bhogaraju
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    Consumer

    Macy’s Stock Plummets on Dismal Q2 Earnings

    Macy’s was down 14% as of 12:01 PM ET today after it announced a significant fall in its second-quarter earnings and lowered its full-year outlook.

    By Sirisha Bhogaraju
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    Consumer

    What to Expect from Macy’s Q2 Results

    Macy’s (M) is set to declare its fiscal 2019 second-quarter earnings results on August 14. Analysts expect Macy’s sales and earnings to fall in the quarter.

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    Retail Stocks Crash as Trump Announces More Tariffs

    Retail stocks sank yesterday after Donald Trump tweeted that the US would impose a 10% tariff on $300 billion in Chinese imports, effective September 1.

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    JCPenney Seeks Help from Advisors Amid Debt Struggles

    JCPenney (JCP) has hired advisors to evaluate its debt-restructuring options, as it needs more time to turn its struggling business around.

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    Levi Strauss Stock Got a Downgrade from Goldman Sachs

    Levi Strauss stock fell 4.6% yesterday after Goldman Sachs downgraded it to “sell” from “neutral.”

    By Sirisha Bhogaraju
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    Consumer

    Nordstrom Stock Falls as Goldman Downgrades to ‘Sell’

    Nordstrom (JWN) stock was down 2.5% as of 1:11 PM ET today after Goldman Sachs downgraded its rating for the department store chain to “sell” from “neutral.”

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    JCPenney: Trump’s Tariffs Affect Women Customers Most

    JCPenney (JCP) and several US companies continue to oppose President Trump’s proposed fourth tranche of tariffs on Chinese imports. In a letter addressed to the United States Trade Representative, JCPenney indicated that Trump’s latest round of proposed tariffs will hurt US consumers—and it looks like women will carry the brunt of the burden.

    By Sirisha Bhogaraju
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    Consumer

    JCPenney Disappoints Again with First-Quarter Earnings

    JCPenney (JCP) delivered yet another quarter of disappointing results when it announced its performance for the first quarter of fiscal 2019 today.

    By Sirisha Bhogaraju
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    Consumer

    What to Expect from JCPenney’s First-Quarter Results

    JCPenney (JCP) is slated to announce its results for the first quarter of fiscal 2019, which ended on May 4, on May 21.

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    Why KeyBanc Upgraded Nordstrom Stock

    Nordstrom (JWN) stock rose 1.7% on April 10 after KeyBanc upgraded its rating to an “overweight” from a “sector weight.”

    By Sirisha Bhogaraju
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    Consumer

    Do Analysts Expect JCPenney’s Revenue to Improve in 2019?

    Currently, analysts expect JCPenney’s revenue to decline in fiscal 2019.

    By Sirisha Bhogaraju
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    Consumer

    How Is JCPenney Stock Positioned in 2019?

    JCPenney (JCP) stock was trading at $1.85 as of March 14, which reflects a 77.9% rise since the start of 2019.

    By Sirisha Bhogaraju
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    Consumer

    Key Takeaways from Macy’s Q4 and Fiscal 2018 Results

    Macy’s (M) stock rose 1.5% on February 26, the day the company announced its results for fiscal 2018 and the fourth quarter (ended February 2).

    By Sirisha Bhogaraju
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    Consumer

    What’s Expected for Macy’s Fourth-Quarter Results

    Department store chain Macy’s (M) is set to announce its fiscal 2018 fourth-quarter results on February 26.

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    Why JCPenney Is Pulling Appliances from Its Stores

    JCPenney (JCP) will stop selling major appliances at its stores starting at the end of February.

    By Sirisha Bhogaraju
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    Consumer

    How Kohl’s PE Multiple Compares with Peers’

    On January 16, Kohl’s (KSS) 12-month forward PE ratio was 12.1x. Meanwhile, Nordstrom (JWN), Macy’s (M), and Dillard’s (DDS) have PE ratios of 12.1x, 7.3x, and 11.2x, respectively.

    By Victoria Dean
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    Consumer

    JCPenney Appoints New CEO, Stock Up 9.6% in After-Market Hours

    JCPenney stock rose 9.6% in after-hours trading on October 2 following the announcement that Jill Soltau will be the company’s new CEO.

    By Sirisha Bhogaraju
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    Consumer

    Comparing Nordstrom’s Top-Line Growth with Peers’

    Nordstrom’s (JWN) revenue grew 6.7% to $7.6 billion in the first half of fiscal 2018. In the second quarter, which ended on August 4, the company’s revenue grew 7.2% on a year-over-year basis to $4.1 billion.

    By Sirisha Bhogaraju
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    Consumer

    How Analysts Reacted to Macy’s Fiscal Q2 2018 Results

    Macy’s (M) reported its Q2 results on August 15, beating expectations. Macy’s stock fell 15.9% on August 15 but rose 1.9% on August 16.

    By Sirisha Bhogaraju
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    Consumer

    Can Investors Expect JCPenney Stock to Recover?

    On June 27, JCPenney (JCP) stock fell 23.7% year-to-date. JCP stock has declined 21.5% since announcing its fiscal Q1 2018 results.

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    Walmart Is a Tough Contender for Amazon in Grocery War

    To further strengthen its position against Amazon and give shoppers more convenience, Walmart recently announced that it is rolling out 500 additional pickup towers.

    By Amit Singh
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    Consumer

    How CEO Edward Lampert Is Trying to Save Sears

    Sears Holdings (SHLD) has been in murky waters for quite some time now.

    By Victoria Dean
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    Consumer

    Sears Stock Falls on Mixed Fiscal 4Q17 Results

    Sears Holdings’ stock price fell 6.6% on March 15, 2018, following the announcement of its fiscal 4Q17 results on March 14.

    By Victoria Dean
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    Company & Industry Overviews

    Target’s Holiday Sales Exceeded Expectations

    Target’s (TGT) sales for the key holiday season exceeded expectations.

    By Amit Singh
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    Company & Industry Overviews

    Are Macy’s Sales Expected to Fall or Improve in Fiscal 4Q17?

    For Macy’s (M), fiscal 3Q17 (which ended on October 28, 2017) was the 11th consecutive quarter in which its sales fell. Macy’s sales fell 6.1% in fiscal the quarter.

    By Sirisha Bhogaraju
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    Consumer

    Can Macy’s Stock Recover in 2018?

    On December 29, 2017, Macy’s (M) stock had risen 29.2% since its fiscal 3Q17 results were announced in November 2017.

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    JCPenney’s Sales Growth Strategy

    JCPenney (JCP) has been undertaking several strategic actions to improve its sales amid a challenging retail environment.

    By Sirisha Bhogaraju
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    Consumer

    Retail Stocks Tick Higher as Tax Reform Bill Gains Momentum

    Retail stocks closed higher on Monday, December 4, 2017, probably in reaction to the Senate’s passing its tax reform bill early Saturday morning.

    By Amit Singh
  • uploads///JCP Price
    Consumer

    Why JCPenney Stock Rose 15% on Friday

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