Actionable news
All posts from Actionable news
Actionable news in TIF: TIFFANY & CO.,

Early movers: JCP, JWN, DDS, TIF, SHAK, JNJ, AGN, HMC & more

Check out which companies are making headlines before the bell:

J.C. Penney — The retailer reported an adjusted quarterly loss of 32 cents per share, smaller than the 38 cent a share loss analysts were predicting. However, sales were below estimates, and the company also lowered its full-year gross profit margin guidance.

Nordstrom — Nordstrom is the latest big-name retailer to report an earnings miss. Nordstrom reported quarterly profit of 26 cents per share, well below estimates of 45 cents a share. Revenue was slightly below analysts' forecasts, as well. Nordstrom also cut its full-year outlook after instituting bigger discounts to clear out excess inventory.

Dillard's — Dillard's is another retailer joining the earnings misery parade, posting quarterly profit of $2.17 per share. That was 35 cents a share below estimates. Revenue registers a slight miss, as well. Dillard's saw a third consecutive quarterly decline in same-store sales, and the drop of 5 percent was more than twice what analysts had been predicting.

Tiffany — The luxury goods retailer said Chief Financial Officer...