Analysts cautious on JC Penney Q1 loss
Analysts have given a luke-warm reaction to a narrowing of losses at retailer JC Penney in the first quarter, warning that the company “still has much to do” to turn its fortunes around.
Analysts have given a luke-warm reaction to a narrowing of losses at retailer JC Penney in the first quarter, warning that the company “still has much to do” to turn its fortunes around.