Company Earnings UpdateJCPenney (NYSE: JCP) 1Q19 Results: Revenues Down, Missing Consensus, Management Reducing and Enhancing Inventory Position Coresight Research May 22, 2019 Executive Summary JCPenney reported fiscal 1Q19 revenues of $2.44 billion, lower than the consensus estimate of $2.48 billion, and down 5.6% year over year. The company reported 1Q19 EPS of $(0.46), lower than the consensus estimate of $(0.39). Comparable sales decreased 5.5% for the quarter compared to the consensus estimate of (4.2)%. The company expects to be cash flow positive for fiscal year 2019. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Drugstore Decimation: Assessing Rite Aid’s Closures, and Which Competitors Stand To GainMass Merchandisers, Warehouse Clubs and Discount Stores: Themes, Concepts and Innovators—Target at a Crossroads, Dollar Stores Revive and Warehouse Clubs Gain MomentumRetail Technology Show 2025: Hearing About Sustainability, Smart Fashion, QR Codes, Unified Commerce and MoreWeekly UK Store Openings and Closures Tracker 2025, Week 47: Store Openings Exceed 1,500
