J.C. Penney lower on Sears liquidation risk

|About: J.C. Penney Company Inc. (JCP)|By:, SA News Editor

J.C. Penney (NYSE:JCP) is down 4.5% after a cautious outlook on the department store operator is issued by Clearview Trading Adisors.

The firm warns that JCP is likely to face a revenue and margin headwind from the Sears liquidation as inventory is cleared out from closed stores.

Over the longer term, JCP is expected to land incremental sales after the bankruptcy development.

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