J.C. Penney sales fall short, net loss doubles; shares sink

Paris (AFP) – French dairy giant Danone on Monday posted a 4.6 percent rise on a like-for-like basis in third-quarter sales, outstripping analysts’ forecasts. Shares in the world’s largest yogurt.

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Car sales in China, the world’s top auto market, increased at a faster pace in May than the previous month, an industry group reported Monday, despite continued woes in the country’s economy. A total.

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View breaking news headlines for JCP stock from trusted media outlets at MarketBeat.. J.C. Penney sales fall short, net loss doubles; shares sink 10%

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Investors hoping for retail turnaround stories were disappointed Tuesday. Same-store sales dropped at Kohl’s and J.C. Penney, falling short of estimates. Fred Katayama reports.

Department store operator J.C. Penney Co Inc’s quarterly loss more than doubled, hurt by weak sales in February and higher costs related to store closures and employee severance packages.

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By Melissa Fares and uday sampath kumar (reuters) – Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled after the retailer exited.

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Losses At JC Penney Double, Sales Slide, As Do Shares Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a terrible week for retailers.

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Same-store sales fell more than expected at J.C. Penney Co. Inc. in the first quarter and its net loss nearly doubled, after the retailer exited its.

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(Reuters) – Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled after the retailer exited its appliance and in-store furniture.

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J.C. Penney shares hit new all-time low its profit plummets. J.C. Penney Shares Fall 25% as More Bad News Pours In.. Penney now expects comparable sales, which exclude results of stores it has.

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