J.C. Penney (JCP): Q3 EPS of -$0.93 misses by $0.86. Revenue of $2.93B misses by $340M. (PR)


J.C. Penney (JCP): Q3 EPS of -$0.93 misses by $0.86. Revenue of $2.93B misses by $340M. (PR)
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Comments (4)
  • MaryLa
    , contributor
    Comments (38) | Send Message
     
    BH what is your problem? RJ would not have gotten my vote when he was made CEO but he has been on his schedule so give him a break.
    I think you are blaming the wrong person. Blame the man that got him into that position. J.C.Penney needed to be updated so it could be a part of the future but care needed to be taken to see that the integrity of the early company remained. The jury is still out on that.

     

    Last week I visited the Washington Pennsylvania store. It looks good but more important to me was that I found the associates well informed and ready to answer any questions. With few exceptions, the clerks are well mannered, ready to help and have a positive attitude. I am concerned because I think we will see fewer associates on the floor and they can be the success of the company if well trained. There were more people in the store than I had seen for some time and they were leaving the store with JCP bags.

     

    No dividends, have hurt me in a small way and I hope 2013/2014 will change that situation. In the meantime, give this man a break! Let him use his time to solve the problems of the company.
    9 Nov 2012, 09:30 AM Reply Like
  • GeorgeMason
    , contributor
    Comments (129) | Send Message
     
    Last week people were in the store using that $10 coupon. This week the store will be empty.
    9 Nov 2012, 04:33 PM Reply Like
  • Bob Haller
    , contributor
    Comments (108) | Send Message
     
    maryla I live in pittsburgh and travel all over servicing machines I will stop by that store just for comparison purposes this coming week.

     

    so whats everyones prediction on store sale $$

     

    Ron has announced the only holiday sale will be for black friday a one day sale. so how will holiday sales be without sales?

     

    I think ron will be in for more learning experience sales will tank..

     

    what do the rest of you see coming?
    10 Nov 2012, 08:33 AM Reply Like
  • GeorgeMason
    , contributor
    Comments (129) | Send Message
     
    What I see coming is a return to the sales and coupons or the end for jcp.
    11 Nov 2012, 12:02 PM Reply Like
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