J.C. Penney apparel ytd returns 0514

J.C. Penney Company, Inc. (JCP) Struggles, But Apparel Outperforms The Retail Index

The S&P Retailing Index fell 3.5% in April, compared to a 6.0% increase for the S&P 500 (INDEXSP:.INX), but the downward trend covers up some good news for the rest of the year. Discount stores in particular have benefited from better consumer confidence, and e-commerce is proving to be accretive for at least some retailers.
J.C. Penney underperformed with other department stores
The apparel companies covered by Nomura analyst Robert Drbul did better as a group . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible

Saved Articles

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers