JCPenney - Handelsriese auf 30 Jahrestief

In den letzten Minuten am Montag in NY  70k und mehrfach - vorher -  große Blöcke; offenbar von Käufern. Mal sehen, wie's heute weitergeht. Kurse bei uns in Ffm. sind nicht maßgebend, schon wg. der geringen Stückzahlen, die hier umgehen.  

... dat hab ich mittlerweile kapiert, dass "deutsche" kurse nicht aussagekräftig sind. aber in dem fall is mir das schnuppe. hauptsache fein nachgekauft.

:-P  

man wird schon wissen, warum man sich derzeit fleissig mit stücken eindeckt. die 10 wird dieses jahr keine vision bleiben und ich spreche da nicht von dollar...  

Mann, paioneer: das wäre ja fantastisch. Habe noch anderes Material im Sinn, deshalb kämen mir für's Erste schon Kurse von 7,70/7,75 äußerst gelegen. Den Rückbehalt in JCP könnte man dann gut 12 - 16 Monate liegen lassen. Unbestätigt bislang, dass die online - Bestellgeschäfte gestiegen sein sollen, wie gestern auf CNBC gesehen, und zwar gerade wg. der Wettkapriolen in den USA. In Port Elisabeth gab's große LKW- Stau's, alles witterungsbedingt. Das wäre, Wetter in Verbindung mit den wieder eingebrachten Eigenmarken, dann wohl "der Knaller". Kurse heute (5,58 $) etwas stabiler und ein wenig über gestrigem EK für ne' gut fünfstellige Position, d.h. meinerseits = gemessen an den Stückzahlen. Kukug hat ja noch günstiger in DE gekauft. Applause!  Bei mir hätte es nicht funktioniert.  ..... Bis bald.  

schon zu dieser stunde. einige hammerkäufe dabei von über 200'000$. hier geht die nächsten tage und wochen was... ;-))  

J.C. Penney Company, Inc. (NYSE:JCP), the venerable American department store chain struggling to regain profitability after a failed 2012-13 turnaround bid, is expected to slash its fiscal fourth-quarter loss by 44 percent as stronger profit margins offset weaker same-store sales.

The Plano, Texas-based company, which will report results for the three months ended Feb. 1, 2014, on Wednesday after markets close, is expected to report a fourth-quarter net loss of $239.15 million, or 88 cents per share, compared with a loss of $427 million, or $2.51 cents per share, in the fourth quarter of 2012, according to a survey of analysts by Thomson Reuters. Excluding one-time events, analysts expect a loss of 82 cents per share compared with a loss of $1.95 cents per share.

http://www.ibtimes.com/...jcp-slash-loss-despite-weaker-sales-1557734

Revenue will be $3.85 billion, a 0.8 percent decrease from $3.88 billion a year earlier.

The company, which operates about 1,100 retail stores and employs some 154,000 people, booked a same-store sales gain for its fiscal fourth quarter of 2 percent, less than the 4 percent improvement Wall Street had been expecting but the first time since the second quarter of 2011 that J.C. Penney has generated positive quarterly sales results. However, the trajectory of same-store sales for the period was discouraging: a 10 percent gain in November, a 2 percent loss in December and a 4 percent loss in January.  

bei 4,70€ bin ich genau am breakevenpoint. ab da sind die alten käufe zu höheren preisen neutralisiert. dann mal auf zu 4,70, dann freut sich klein-kukug... :-P  

so kurz vor den zahlen. analysten erwarten einen verlust von 0,81 dollar je aktie. also schaun mer mal, ansonsten wird nachgelegt...  

pioneer: Im Kern nur rund 7 US-Cent Bewegung, Höchstkurs/ Tiefstkurs heute dann mal  elemeniert. "After de Bell" auch heute, wie schon angesagt. Macy's hat's schon hinter sich und steigt dezidiert. Wünschen wir dies auch JCP - und vll. sind die Voraussagen der Analysten nicht so ganz standfest. TARGET "bekam's auch auf die Mütze". Allgemein sind die Eh-Umsätze in den USA um 0,4% zurückgegangen. Selbst, wenn's doppelt so hoch bei JCP wäre, es würde nichts mehr bewegen, da man ja in Umstrukturierungen befindlich ist - Kosten sparen will - und auch die Warenpräsentation erneut teils änderte, weil man wieder verstärkt Eigenmarken anbietet. Also, lassen wir uns mal überraschen. Nach Börsenschluss (MEZ 22.00 Uhr) wissen wir dann alle mehr. Auffallend zurzeit: Nur wenige große Pakete wechseln.  .... Bis bald.  

oder es ist was durchgesickert

5.96 +0.33 (5.86%)
Real-time:   3:42PM EST  

wäre doch zu schön, wenn wir für unseren glauben belohnt würden.  

 

For J.C. Penney, e-commerce is no easy fix

http://www.reuters.com/article/2014/02/26/...is-idUSBREA1P06U20140226

(Reuters) - First the good news for J.C. Penney Co Inc (JCP.N): online sales rose 26.3 percent during the holiday quarter.

Now the bad: the surge mostly reflects how far the one-time e-commerce pioneer has fallen.

The U.S. department store chain started offering e-commerce in 1995, long before most large retailers, the benefit of also operating a big catalog business until 2011.

But after reaching $1.52 billion in 2011, online sales fell by about a third in 2012, while rising 41 percent at the likes of Kohl's Corp (KSS.N) and Macy's Inc (M.N). Penney lost its lead because of management missteps and inadequate investment in the website and other technology.

"Sadly they've gone from being a leader to a laggard," Lauren Freedman, president of the e-tailing group, a consulting firm, said about Penney. "They've failed to keep up."

Penney now gets some 8 percent of sales online, compared with 15 percent, including catalog sales, a decade ago. E-commerce sales at Macy's Inc (M.N) and Penney were about equal in 2010. Two years later, Macy's were three times larger.

On-line sales started improving last summer after Chief Executive Myron Ullman returned to the company and brought back merchandise that had been discontinued even though it was popular with online shoppers, and began to integrate buying and planning teams for both e-commerce and stores to support what retailers call "omnichannel" shopping.

But a lot of work remains to be done.

"As one of the pioneers in online retailing, we are striving toward taking omnichannel to the next level at JCPenney - but first we knew we had to fix jcp.com," said a spokeswoman, who acknowledged that the decline was partly "self-inflicted."

Penney, which plans to close 33 of its 1,100 stores by May, must also improve its online business to makeup for a drop in store visits. The National Retail Federation estimates that overall U.S. e-commerce sales will grow by as much as 12 percent in 2014, three times faster than in-store sales.

Penney is likely to provide an update on its e-commerce when it reports quarterly earnings on Wednesday afternoon. The retailer remains cash-tight after overall sales fell about 31 percent in two years to an estimated $12 billion, and the stock plunged 75 percent from a 52-week high on February 25 2013.

PLAYING CATCH-UP

Penney's web problems were long in the making.

Around 2007, to ensure more consistency between Penney's e-commerce and stores, Ullman folded the jcp.com unit, which had functioned almost autonomously, into the retail business.

That change had unintended consequences: store buyers dropped items such as baby furniture and big and tall men's clothing that were popular online but not in stores, and Penney's annual web sales stagnated at around $1.5 billion between 2007 and 2011, while rivals grew.

Online sales went into freefall in 2012 when former CEO Ron Johnson came on board and neglected e-commerce to focus on hip new brands and store remodeling to take Penney up-market, an effort that failed. The product selection in-store and online became disjointed and confused shoppers, and popular items were dropped.

Johnson's vision for home goods, which account for half of online sales, flopped, and Penney is still trying to fix that business.

Adding to the problems, during Johnson's short reign, more jcp.com experts left, disappointed that the Apple Inc veteran was not more interested in ecommerce.

Ullman, who lead the company between 2004 and 2011, returned in April 2013 and brought back a team that studies customer behavior online. This month, he hired former Saks Inc Chief Information Officer Michael Rodgers to oversee the closer integration of stores and e-commerce, and to rebuild online customer loyalty programs, one of his areas of expertise.

Penney company isn't starting from scratch.

The computer systems that support its website, and integrate it with company-wide inventory management, are largely up to date, following a multi-year investment between 2008 and 2011, so Penney likely won't need to spend a fortune on new systems.

It also has the warehouse facilities it needs, and its flawed website remains one of the most visited e-commerce sites.

Still, jcp.com lacks basic features such as lists of top-selling or top-rated items, and has poor customer service ratings, said the e-tailing group's Freedman.

Penney's website scored a 68 out of a potential 100, in the firm's annual survey, compared with 72.3 for department stores and 78 at Macy's and 73.5 for Nordstrom.

Analysts said Penney needs a big improvement in web sales to get back on track, given how slowly its overall sales are recovering. Comparable sales rose 2.2 percent last quarter.

"I don't see how you survive without it," said Ken Murphy, senior vice president and portfolio manager at Standard Life Investments.
 

http://ir.jcpenney.com/..._SalesArticle&ID=1903913&highlight=

Fourth Quarter Turnaround Highlights

Solid progress despite challenging retail environment

Same store sales up 2.0 % from last year; 680 basis points over the third quarter  

Holiday sales up 3.1 % for the November/December period

Sales on jcp.com grew 26.3 % for the quarter, excluding the 53rd week

Generated positive free cash flow of $246 million

Gross margin improved 460 basis points from last year  

SG&A savings of $205 million for the quarter, and $392 million for the year  

Ended year with total available liquidity in excess of $2 billion    

After Hours: 6.30 +0.34 (5.70%)  

aber der Conference Call hat erst angefangen . Erst mal sehen was der CEO so zu sagen hat.  

Link in Posting '289

The Company's guidance for the fiscal first quarter of 2014 is as follows:

Comparable store sales: expected to increase approximately 3 to 5 %;

Gross margin: expected to improve versus last year's first quarter;

SG&A expenses: expected to be slightly below last year's levels;

Primary pension plan income: approximately $5 million;

Depreciation and amortization: expected to be approximately $155 million; and

Income tax rate: expected to be approximately 0 %.  

The Company's 2014 full-year guidance is as follows:

Comparable store sales: expected to increase mid single digits;

Gross margin: expected to improve significantly versus 2013;

Liquidity: expected to be in excess of $2 billion at year-end;

Capital expenditures: expected to be approximately $250 million;

Primary pension plan income: approximately $19 million; and

Depreciation and amortization: expected to be approximately $630 million.  

Recap: J.C. Penney CEO says ‘We expect to complete the turnaround in 2014″

http://blogs.marketwatch.com/behindthestorefront/...rth-quarter-loss/

J.C. Penney Co.  JCP  Chief Executive Mike Ullman on Wednesday delivered some positive news to investors as the company reported a much smaller-than-expected fourth-quarter loss.
Ullman said 2014 will mark the year when the retailer completes its turnaround. The company, which expects to end the year with over $2 billion in liquidity, also said it sees “visibility to free cash flow” under its existing strategy.
The company swung to a profit of $35 million, or 11 cents a share, from a loss of $552 million, or $2.51 a share. The most recent quarter’s results included an 88-cent tax benefit. Excluding one-time items, the company reported an adjusted loss of 68 cents a share. Sales fell 2.6% to $3.78 billion. Analysts surveyed by FactSet were looking for a loss of 81 cents a share on sales of $3.84 billion. J.C. Penney’s fourth-quarter gross margin widened to 28.4% from 23.8%. The company forecast comparable sales in the first quarter will rise 3% to 5%. For the year, it expects those sales to rise in the mid-single digits.

J.C. Penney shares, after having already risen more than 5% in regular trading, jumped 9.4% in after-hours trading.  

Spaetschicht: Sehe ich auch so, "völlig überverkauft". After the Bell rege Nachfrage. Habe ausnahmsweise bei uns die Sendung aus Düsseldorf abgeschaltet und die letzten Minuten vor 22.00 Uhr und anschließend diese Entwicklung verfolgt. Die Aussage, dass man auf 3 - 5 % Gewinn im ersten Quartal rechnet, dies liefe dann ab 01.02.14, die war schon interessant, ... da man zuvor  -- außer im November 2013 -- =  2 x schlechte Werte -- insbesondere im Januar 2014 -- kassiert hatte. Der Kurs, der nachbörslich bis auf  6,30$ hoch ging und sich sodann bei ca. 6,20 $ einpendelte, wird sicherlich noch steigen, wenn erst einmal klar ist, dass die eingeleiteten Änderungen bei J.C.Penney & Co. Inc. greifen. Einen ersten Eindruck hatte man nun, zumal auch die vorauslaufenden Schätzungen der Analysten in ihrer Krassheit nicht aufgingen. Am Montag konnte ich noch ein größeres Investment unterbringen und habe damit ältere Käufe, die verlusttragend waren, ausgeglichen. Bleibe bei der Taktik, einen Teil der Papiere nach weiterer Stabilisierung zu verkaufen, aber den größten Teil zu behalten, weil die Rückkehr zu wieder ganz normalen Zahlen nunmehr in Gang kam.  .... Bis bald.  

normal nicht meine Aktie...

danke an Vorposter für intensive Recherche.  

unsere liebe jcp. bin ganz angetan von dieser daily performance...  

Lohnt es sich jetzt noch einzusteigen? Schon 20% plus  

paioneer:  Traue der Sache noch nicht so ganz bei ins in Ffm. Um 14.39 Uhr schon  29,36% Kursplus. Mal sehen, wie sich die Sache in NY stellt - dauert halt' noch ne' Stunde. Bleibe aber dabei, denn es geschieht wirklich Entscheidendes bei JCP. Vorherige Drückereien auf den Kurs waren wohl nicht rein zufällig, oder?
Beste Grüße aus Brisiacum; auch hier am Rhein Weiberfastnacht. "Es ist noch Suppe da".  .... Bis bald.    

geht mir genauso. fast 30% müssen bei den amis erst einmal verteidigt bzw. erzielt werden. daher habe ich ein paar gewinne mitgenommen und lasse ebenfalls den grössten teil weiter laufen. viel spass noch an der fastnac(h)kt...  

Danke für Deine lieben Grüße. Karneval muss sein, aber bitte nicht an unseren Börsen. Orte schon neue Papiere. Das ginge dann umso schneller, wenn schon mal ein Abwurf in J.C. Penney - Papieren möglich wäre. Bin aber ebenso skeptisch, wie Du. Habe auch andere Handelspapiere, wie TESCO plc. auf dem Tiefpunkt -- so vorgestern -- aufgenommen. Bei JCP zuletzt  5,45 und 5,40 $ - nachdem 5,11 $ schon nicht mehr ging. Wir sollten weiter Kontakt halten; haben ja dieses Forum von JCP ja auch mitbegründet.  ... Bis bald. ... Morgen wissen wir mehr, oder heute gg. 22.00 UHR MEZ am Möhnentag.