J.C. Penney sees bigger loss than expected

J.C. Penney plans to close three stores by the spring as part of an ongoing. The retailer didn't specify which stores it planned to close but said it. The stock, which has lost more than 67 percent over the past year, was. Stocks making the biggest moves after hours: Apple, Electronic Arts, Amgen, FireEye.

J. C. Penney Company, Inc. JCP reported second-quarter fiscal 2017 adjusted loss per share of 9 cents, wider than the Zacks Consensus Estimate of a loss of 6 cents. In the year-ago quarter, the.

One of the big names in. drove a wider-than-expected loss in the second quarter, while both revenue and same-stores sales also fell short of estimates. “This flailing around is a symptom of a wider.

J.C. Penney Co Inc reported a bigger-than-expected quarterly loss as a challenging retail environment continued to take a toll on its comparable sales, sending its shares tumbling 21 percent to a.

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Stocks making the biggest moves midday: Kohl's, Micron, JC. J.C. Penney – J.C. Penney posted a wider-than-expected quarterly loss, sending its shares down 7.4%. The company posted a loss of 46 cents a share.. Facebook warns investors that Libra digital currency may never see the light of day.

J.C. Penney starts out a pivotal year under new management with a bigger sales decline and wider loss than analysts expected. The transformation of 117-year-old Penney, "will take time" said chief. Dallas Morning News J.C. Penney starts out a pivotal year under new management with a bigger sales decline and wider loss than analysts expected.

Retailer J.C. Penney announced a drop in sales for the first fiscal quarter of 2019.. Company Posts Wider-Than-Expected First quarter loss.. tesla Model 3 Sees Price Cut Ahead Of $100K ‘Full.

J.C. Penney posted adjusted losses of 73 cents, compared to their estimate of a $1 per share loss. Reported losses were 56 cents a share due to several one-time gains. The Sterne Agee team said the.