JCPenney Partners with thredUP in New Business Model Expansion
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J. C. Penney (JCP) Tops Q2 EPS by 13c, Comparable sales decreased 9%, Offers Outlook
August 15, 2019 7:32 AM EDTJ. C. Penney (NYSE: JCP) reported Q2 EPS of ($0.18), $0.13 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $2.51 billion versus the consensus estimate of $2.71 billion.
Comparable sales decreased 9.0 % for the quarter. Excluding the impact of the Companys exit from... More