J.C. Penney posts steeper-than-expected drop in same-store sales

PLANO, Texas – J.C. Penney Co. Inc. reported a steeper-than-expected fall in quarterly comparable-store sales on Tuesday, taking a hit from.

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J.C. Penney posts worse-than-expected drop in same-store sales, share drop, by J.C. Penney Co Inc reported a steeper-than-expected fall in quarterly comparable-store sales on Tuesday, taking a hit from not selling major appliances and in-store furniture, sending its shares down 10% in early trading.

The year of transformation for J.C. Penney (NYSE:JCP. This article focuses on market chatter surrounding 4th quarter sales. Piper Jaffray is estimating a 32% drop in same store sales during the.

GameStop's steep drop in sales sends stock into post-market nosedive. comparable sales — a closely watched measure of performance — fell 10.3% last. Though GameStop's adjusted earnings were better than expected, the plunge in. selling games at brick-and-mortar stores — can get back on track.

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J.C. Penney Co Inc reported a steeper-than-expected drop in quarterly comparable-store sales on Tuesday, hit by the exit from selling major appliances and.

J.C. Penney posts steeper-than-expected drop in same-store sales. May 21 J.C. Penney Co Inc reported a steeper-than-expected drop in quarterly comparable-store sales on Tuesday, hit by the exit.

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Sales at stores open for at least 12 months fell 5.5% in the first quarter, its sixth straight quarterly drop. Analysts, on average, had expected a 4.21% fall, according to IBES data from Refinitiv.

J.C. Penney posts worse-than-expected drop in same-store sales, shares drop (Reuters) – J.C. Penney Co Inc reported a steeper-than-expected fall in quarterly comparable-store sales on Tuesday, taking a hit from not selling major appliances and in-store furniture, sending its shares down 10% in early trading.

J.C. Penney sales fall short, net loss doubles; shares sink. (Reuters) – Same- store sales fell more than expected at J.C. Penney Co Inc in the. for at least 12 months fell 5.5% in the first quarter, its sixth straight quarterly drop.