Similar Stories to J.c. Penney Posts Loss; Stock Slumps on Bing News

J.C. Penney swung to a loss in its latest quarter on restructuring costs and a 20% drop in sales. Its shares fell sharply, as the retailer also suspended its dividend.

Topics:  j.c penney   loss   
BING NEWS:
  • J.C. Penney loss narrows in Q3 as sales declines continue
    J.C. Penney’s Q3 net sales fell 8% to $1.4 billion ... Gross margin was essentially flat at 38.7%, from 38.5% last year. Net loss narrowed 43.3% to $17 million. Inventory was flat year over ...
    12/17/2024 - 11:00 am | View Link
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