JCPenney Reports Third Quarter 2019 Financial Results

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JC Penney (JCP) Tops Q3 EPS by 26c, Comps Decline 9.3%, Offers Guidance

November 15, 2019 7:31 AM EST

JC Penney (NYSE: JCP) reported Q3 EPS of ($0.30), $0.26 better than the analyst estimate of ($0.56). Revenue for the quarter came in at $2.38 billion versus the consensus estimate of $2.51 billion.

Comparable store sales decreased 9.3 %; Adjusted comparable store sales decreased 6.6... More