GuruFocus Premium Membership

Serving Intelligent Investors Since 2004

Try It 100% FREE for 7 Days!

Holly LaFon
Holly LaFon
Articles (4264) 

Bill Ackman Investment JC Penney Reports Underwhelming Second-Quarter Earnings

August 10, 2012 | About:
J.C. Penney (NYSE:JCP), the retailer investor Bill Ackman is trying to reinvent, reported a loss in the second quarter and a decline in sales. It has dropped its expectations for full-year 2012, but expects a return to profitability in 2013:

The earnings press release is here.

Rating: 3.6/5 (5 votes)


Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)