JCP Penny Retail Sales Sink, Lowest in 20 Years

JCPenney Co. Inc.:

(NYSE:  JCP) reported an adjusted second-quarter net loss of $0.37 per share and  $3.02 billion in revenues before markets opened today. EPS for the same period a  year ago came to $0.13, and last year’s revenue totaled $3.9 billion. The  results compare to the Thomson Reuters consensus estimates for a net loss of  $0.25 and $3.2 billion in revenue.

About these ads

Comments are closed.

Follow

Get every new post delivered to your Inbox.

Join 98 other followers

%d bloggers like this: