by | Nov 16, 2010 | Towing
The nation’s three biggest department-store operators have been disproportionately pinched by the downturn in consumer spending. That’s what happens when you’re stuck in the middle of the retail-price spectrum during a period of sagging home values and lofty unemployment. [Video]
Continue reading Face-Off on Stocks: Macy’s, J.C. Penney, Kohl’s [Video]
Face-Off on Stocks: Macy’s, J.C. Penney, Kohl’s [Video] originally appeared on DailyFinance on Tue, 16 Nov 2010 17:50:00.
Filed Under: Investing, JC Penney, Macy’s, Stock Picks, Retail, Video, Stocks in the News, Market News, Streetwise
by | Nov 14, 2010 | Towing
Last week, Macy’s and JCPenney kicked off the retail earnings season by posting better-than-expected earnings. But the news may not continue to be so good.
Continue reading Week in Preview: Abercrombie, Lowe’s …
by | Nov 14, 2010 | Towing
The third-quarter earnings season got off to a reasonably positive start for retailers, with department stores hoping colder weather heats up holiday sales, even as shoppers continue to prefer discounts and generally hold back …
by | Nov 12, 2010 | Towing
Department store operator J.C. Penney (JCP) reported third-quarter earnings of 19 cents per share, compared with 11 cents per share a year earlier.
Net sales rose 0.2% to $4.2 billion, while sales at stores open at least on year gained 1.9%, J.C. Pen…
by | Nov 7, 2010 | Towing
The first of the major retailers will report quarterly earnings this week. Analysts expect to see strong results from Macy’s and Penney, but flat earnings from Kohl’s. Agilent may be one of this week’s biggest earnings gainers….