J.C Penney and Kohl’s struggle in fiscal 1st quarter

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J C Penney Co Inc’s Accounts Receivables Turnover Ratios from first quarter 2019 to first quarter 2018 rankings, averages and statistics, Average receivable collection period, Accounts receivables, Financial Information – CSIMarket

Meanwhile, Penney, which saw its net losses in its fiscal first quarter nearly double, said new tariffs could end up hurting its in-house brands, similar to what Macy’s CEO Jeff Gennette said last.

J.C. Penney Co. (JCP) on Tuesday, May 21, 2019. reported a loss of $154 million in its fiscal first quarter. The Plano, Texas-based company said it had a loss of 48 cents per share.

 · J. C. Penney Company Inc. ( JCP), which is slated to report its first-quarter fiscal 2013 results on May 16, recently came up with its preliminary sales results.

The outlook for department stores got murkier Tuesday after J.C. Penney and Kohl’s reported fiscal first quarter results that showed they struggled at the start of the year. Penney, which has been. Department stores troubles rise on Penney’s, Kohl’s results. which furnish department stores .

JCPenney suffered a 5.5% decrease in first quarter sales for. but its latest financial news has shoppers wondering how much longer the struggling department store chain will keep its doors open..

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J.C. Penney Closing Stores (Reuters) – J.C. Penney Co Inc’s (JCP.N. putting the company on track to achieve its first full-year adjusted profit in five years. Penney joined Macy’s Inc (M.N) and Kohl’s Corp (KSS.N) in.

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J.C. Penney. the first quarter of fiscal 2014. Penney is clearly moving in the right direction, and the stock still offers substantial room for gains when comparing its valuation against that of.

NEW YORK (AP) – The outlook for department stores got murkier Tuesday after J.C. Penney and Kohl’s reported fiscal first quarter results that showed they struggled at the start of the year. Penney, which has been trying to turn around its business for several years after a disastrous reinvention plan, reported a wider than expected loss and sales declines during the quarter.

. saw a 2.7% dip in comp sales during the first quarter. Kohl’s CEO Kevin Mansell stated that comp sales plunged 8% in February but declined just 1% in the March-April period. J.C. Penney saw.