4.09 +0.03 (0.74%)
After hours: 7:22PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||3.92 - 4.15|
|52-week range||2.35 - 6.87|
|PE ratio (TTM)||N/A|
|Earnings date||2 Mar 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||3.95|
Nordstrom stock shot up to a 14-month high Friday on a Reuters report that the Nordstrom family is close to finalizing a deal to take the upscale department store private.
Challenges from the e-commerce channel pressured retail stocks over much of the last year, though recent news has been more promising for the sector.
Olympic gold medalist Laurie Hernandez inspires first Obsess capsule collection for Gen Z girls PLANO, Texas - (Feb. 21, 2018) - JCPenney is taking a cue from the digitally-connected, social ...
On February 15, 2018, Sears Holdings (SHLD) announced a financial update for its fiscal 4Q17. A one-time non-cash tax benefit ($445 million–$495 million) on account of tax reforms is likely to help Sears post a net profit in fiscal 4Q17.
Conference Call and Webcast at 8:30 a.m. ET PLANO, Texas - (Feb. 15, 2018) - J. C. Penney Company, Inc. (NYSE: JCP) announced today that it will release its fourth quarter and full year 2017 financial ...
The fund reported new stakes in nearly two dozen companies, department store operators JC Penney, Nordstrom and Kohls.
Best Buy could capture about $1 billion of incremental sales if Sears Holdings goes out of business, according to analysts at UBS. But J.C. Penney would profit even more from its rival's disappearance.
"The company's supply chain network is oversized relative to its national store footprint, and can be optimized by transferring operations to facilities in Lenexa, Kansas, and Columbus, Ohio," JC Penney's spokesman Carter English said in a statement. Retailers such as JC Penney and rival Macy's Inc (M.N) have been shutting stores and cutting jobs as customers increasingly shop online. The distribution center will shut operations on July 1 and the customer care center on Sept. 1, JC Penney said.
"The company's supply chain network is oversized relative to its national store footprint, and can be optimised by transferring operations to facilities in Lenexa, Kansas, and Columbus, Ohio," JC Penney's spokesman Carter English said in a statement. Retailers such as JC Penney and rival Macy's Inc (M.N) have been shutting stores and cutting jobs as customers increasingly shop online. The distribution centre will shut operations on July 1 and the customer care centre on Sept. 1, JC Penney said.
Sears Holdings (SHLD) is expected to report its fiscal 4Q17 results in March 2018. In fiscal 3Q17, which ended on October 28, 2017, adjusted loss per share of $2.64 came in narrower than analysts’ expectations of loss per share of $4.46 driven by the company’s strategic initiatives. Sears reported sales of $3.7 billion, which beat the analysts’ estimate of $3.3 billion but fell 27.2% YoY (year-over-year) due to store closures as well as the reduced assortment of consumer electronics merchandise.
For a long time now, Sears Holdings (SHLD) has faced mounting threats but has managed to hang on somehow. A myriad of factors including the arrival of Amazon (AMZN) and self-harming managerial decisions have reduced the former retail behemoth to a shadow of its former self. To reverse fortunes, the company has undertaken many initiatives, which include cost cuts and debt financing. Sears stock price has fallen over 34.4% YTD (year-to-date) as of February 2, 2018, compared with a 3.3% gain in the S&P 500.
The future of Bon-Ton Stores looks tenuous after the department store chain that survived economic downturns including the Great Depression filed for bankruptcy protection and said it may seek a buyer ...
Can Burlington Stores Continue Its Growth Story in 2018? Burlington Stores’ (BURL) off-price model helped it deliver same-store sales growth for the 19th consecutive quarter in fiscal 3Q17, which ended on October 28, 2017. Its fiscal 3Q17 net sales growth rate was lower than the 8.6% growth rate in fiscal 2Q17 and the 9.1% growth rate in fiscal 3Q16.