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Stock impact report

Why some retailers are winning and some are losing [CNN]

JC PENNEY (JCP) 
Last jc penney earnings: 2/27 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.jcpenney.com
Company Research Source: CNN
Why some retailers are winning and some are losing Nordstrom is the latest big American retailer to report sluggish sales growth. Its stock tanked -- just like several other retailers this week. JCPenney's ( JCP ) results were dreadful and shares are now down more than 40% in the past year. Walmart ( WMT ) reported an uptick in online sales , but investors are worried about its profit margins. Walmart's stock, already one of the worst performers in the Dow so far in 2018 , fell again after its earnings report. But not all big retailers are struggling. The weak sales from Nordstrom ( JWN ) and JCPenney are in stark contrast to healthier results released this week by department store chains Macy's ( M ) and Dillard's ( DDS ) . People are clearly still shopping at some brick and mortar retailers. Government figures for retail sales in April showed a healthy uptick in spending overall. The fact that some traditional chains are doing well while others are foundering proves Show less Read more
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