Jc Penny Home
The Zacks Analyst Blog Highlights: J. C. Penney Company, Macy's, Kohl's ...
Holds a Zacks #3 Rank, which translates into a short-term 'Hold' recommendation.Lowe's Misses on Top & Bottom
Lowe's Companies, Inc. (NYSE: LOW ) recently posted lower-than-expected first-quarter 2011 results on both top and bottom lines, reflecting sluggish economic recovery and difficult comparison on account of government stimulus programs that benefited the prior-year quarter.
The quarterly earnings of .
Although the economy is showing signs of a revival, we believe that spending on big remodeling projects will likely remain under pressure until the housing market stabilizes, inventory levels normalize and consumer-spending rebounds.
Management now expects sales to increase approximately 4% in the second quarter and fiscal 2011, respectively.
Comparable-store sales during the quarter dipped 3.3%. Lowe's expects comparable-store sales to rise 2% in the second quarter and to increase between 0% and 1% in fiscal 2011.
Lowe's, which competes with The Home Depot, Inc. (NYSE: HD ), indicated that gross profit slipped marginally by 0.9% to , whereas gross margin expanded 20 basis points to 35.4% during the quarter.
During the quarter, Lowe's opened 4 stores, including 1 relocation and shut 1 store. The company expects to open 25 new stores during fiscal 2011. The company currently operates 1,751 stores.
The world's second largest home improvement retailer, Lowe's, ended the quarter with cash and cash equivalents of .
Currently, we have a long-term Neutral rating on the stock. Moreover, Lowe's holds the Zacks #3 Rank, which translates into a short-term Hold rating.
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Jc Penny Home - News

JC Penney Company Inc. (NYSE: JCP), a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings, recently delivered better-than-expected first-quarter 2011 results on the heels of improved and

-- Home improvement retailer Lowe's Cos. Inc. said its first-quarter profit fell 6 percent, pressured in part by bad weather and difficult economic conditions, and cut its full-year outlook. -- JC Penney Co. Inc.'s first-quarter net income rose nearly
JCPenney markets primarily family apparel, jewelry, shoes, accessories, and home furnishings. JC Penney's current stock range is defined by current calculated support defined at $36.58 and by the resistance level at $41.00, which should be used by
JC Penney's ($37.46, -$0.98, -2.54%) fiscal first-quarter earnings rose almost 7%, as the department store operator saw strong demand for its exclusive merchandise and continued reducing expenses. SanDisk Corp. (SNDK, $48.83, +$2.34, +5.03%) agreed to
to cut in its supply chain, home office, stores, and marketing organization, and we would use the weakness in the shares as an enhanced buying opportunity.” Citigroup presently has a Buy/High Risk rating on JC Penny and a price target of $52.00.
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PENNEY J C INC- JC PENNY GOOD QUARTER - LOWE'S NOT SO GOOD. Home improvement retailer Lowe's Cos. Inc....
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Hoover's Handbook of American Business 2005
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JCPenney
Retailer offering fashion and basic apparel, accessories, and home furnishings. JCPenney's online store features gifts and registry, online outlet, and a customer service center.
JCPenney Corporate
Includes investor relations, press releases, and information about products and services.
JCPenney: Store Locations
home store. men. jcpteen. kids. baby. shoes. handbags + accessories. jewelry ... home. other products & services. store locator. gift cards. para ayuda ...
JCPenney Portraits
All-occasion photography studios featuring portrait tips, studio locator, and more.
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