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J.C. Penny looks to claw back from post-earnings slide

Published 08/14/2017, 09:39 AM
© Reuters.  J.C. Penny looks to claw back from post-earnings slide
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  • Susquehanna thinks same-store sales will accelerate for J.C. Penney (NYSE:JCP) after the the department store chain posted a sequential improvement in Q2.
  • The fimr notes that early August sales are tracking favorably for JCP amid the back-to-school season.
  • Source: Bloomberg
  • Shares of J.C. Penney are up 0.55% in early trading as they look to claw back from last week's sharp post-earnings slide that saw them fall to as low as $3.77.
  • Previously: Weak profit sends J.C. Penney lower (Aug. 11)
  • Now read: J.C. Penney: A Look At Q2 2017 Earnings


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