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J.C. Penney sales fall short, net loss doubles; shares sink

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May 21- Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled after the retailer exited.. J.C. Penney sales fall short, net loss.

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Despite our adjusted loss for the quarter of $0.02 per share, we are confident about our prospects for the remainder of the year. We believe sales in the second quarter. quite honestly, that the.

J. C. Penney (JCP) reported first-quarter fiscal 2018 adjusted loss per share of 22 cents that compared unfavorably with the year-ago figure of a penny. JC penney (jcp) falls on Q1 Loss, Sales.

Losses At JC Penney Double, Sales Slide, As Do Shares Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a terrible week for retailers.

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J.C. Penney Co. Inc. jcp, +4.02% shares sank 6.6% in Friday premarket trading after the retailer revised its third-quarter guidance below estimates and issued a profit warning for both the third.

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J.C. Penney Co Inc warned it could post a loss for the year after sales at established stores increased at a much slower pace than Wall Street had expected, as unusually cool weather in April hit.

J.C. Penney sales fall short, net loss doubles; shares sink. Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled after the.

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JC Penney Company Inc Shares Tank on Guidance Cut, Falling Sales JCP missed EPS estimates by 2 cents. Net loss reported by J C Penney Company Inc for the first quarter of the year came in at.

Dow futures point to a triple-digit loss. $1.26 per share, beating estimates by a penny a share. But revenue was below forecasts and comparable-store sales fell 3.7 per cent. It shares fell 5.8 per.

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