J.C. Penney (JCP) Misses Q1 EPS by 2c, Comps Increase 0.2%, Offers Guidance

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Go back to J.C. Penney (JCP) Misses Q1 EPS by 2c, Comps Increase 0.2%, Offers Guidance

JCPENNEY REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS

May 17, 2018 7:31 AM EDT

Delivered Positive Sales Comp and Operating Income

Retired $190 Million of Long-Term Debt at Maturity

PLANO, Texas - (May 17, 2018) - J. C. Penney Company, Inc. (NYSE: JCP) today announced financial results for its fiscal first quarter ended May 5, 2018.

Marvin R. Ellison, chairman and chief executive officer said, "During the first quarter, we achieved a positive sales comp of 0.2 %, which was... More