J. C. Penney Company Inc. Tanks 23 Percent After Q2 2017 Earnings
August 11, 2017 at 10:15 AM EDT
J. C. Penney reported adjusted losses of 9 cents per share or $28 million on $2.96 billion in revenue, while analysts had been expecting losses of 4 cents per share on $2.84 billion in sales.