In Q3 2017, J.C. Penney managed to grow comp sales by 1.7%; this after warning investors that sales would only come in at up .7% due to certain apparel liquidations in the Q3 2017 period. So what actions did the company embark upon to find comp sales growth in both the Q3 and Q4 2017…
After a rather rocky road traveled in the first half of 2017, J.C. Penney sales results improved dramatically in the latter parts of the calendar year. J.C. Penny, a retailer gone awry after decades of success some might say. In 2018, J.C. Penny will look to recapture some of that long lost success. On the…...
On February 27, 2018, Macy’s reported its Q4 2017 and FY17 results. With some retailers and especially Macy’s, following the numbers for the 4th quarter can be cumbersome, as they had offered holiday sales guidance updates previously. On January 4, 2018, Macy’s offered its November and December 2017 sales in a press release as follows:…
On February 27, 2018, Macy’s reported its Q4 2017 and FY17 results. With some retailers and especially Macy’s, following the numbers for the 4th quarter can be cumbersome, as they had offered holiday sales guidance updates previously. On January 4, 2018, Macy’s offered its November and December 2017 sales in a press release as follows:…...
Despite the recent level setting of market expectations and more recent equilibrium found in the major indices, I wouldn’t sound the “all clear” bells just yet. After bouncing off of key levels during the greater than 10% market correction, all 3 major averages finished higher last week. The Dow rose 0.4% over the week while…...
