2 Reasons J.c. Penney Stock Is More Attractive Than It Looks

To many investors, J.C. Penney (NYSE: JCP) stock looks like a guaranteed loser. For example, my Foolish colleague Timothy Green recently described the bull case for J.C. Penney being that it is failing more slowly than longtime rival Sears Holdings (NASDAQ: SHLD). Indeed, J.C. Penney posted weak sales and earnings results last quarter and slashed its full-year earnings-per-share forecast due to the implementation of new accounting rules.However, while J.C.

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BING NEWS:
  • JCPenney Combines With Aéropostale Owner in Merger of Mall Darlings
    JCPenney is combining with the owner of fellow shopping mall staples Aéropostale and Lucky Brand after a merger of two brand portfolios in an all-equity transaction Wednesday.
    01/9/2025 - 6:15 am | View Link
  • J.C. Penney, Brooks Brothers operator join forces as ‘Catalyst Brands’
    The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall REITs Simon and Brookfield.
    01/9/2025 - 4:38 am | View Link
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