Company Earnings Update 2 minutesRegister for Free AccessJCPenney (JCP) 2Q17 Results: Mixed Quarter, Maintains Guidance Coresight Research August 14, 2017 Executive Summary JCPenney reported 2Q17 EPS of $(0.20), missing the $(0.04) consensus estimate and down from $(0.18) in the year-ago quarter. Revenues were $2.96 billion, up 1.5% year over year and beating the $2.84 billion consensus estimate. Comps declined by 1.3% in the quarter. Strong products lines included home, fine jewelry, footwear and handbags, Sephora, and salon. Geographically, the Southwest and Southeast were the best-performing regions. The company reaffirmed its 2017 EPS guidance of $0.40–$0.65 based on expected comps of (1)%–1%. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US Consumer Tracker: Consumers Settle in to Inflation-Combatting StrategiesWeekly US and UK Store Openings and Closures Tracker 2023, Week 28: Christmas Tree Shops Drives US ClosuresThree Data Points We’re Watching This Week: US Real Estate FocusMarch 2023 US Housing Market Indicators: All Home Sales See a Sudden Monthly Rise
