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Early movers: JCP, FL, HLT, GS, WEN, HPE, JWN, GPS, PSO, GOOGL & more

February 24, 2017 12:48 PM
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Early movers: JCP, FL, HLT, GS, WEN, HPE, JWN, GPS, PSO, GOOGL & more

J.C. Penney — The retailer reported adjusted quarterly profit of 64 cents per share, three cents a share above estimates. Revenue missed forecasts, however, and a comparable-store sales drop of 0.7 percent was wider than the consensus Thomson Reuters estimate of a 0.1 percent decline. Penney also announced plans to close up to 140 stores over the next few months, as well as two distribution centers.

Foot Locker — The athletic footwear and apparel retailer earned an adjusted $1.37 per share for its latest quarter, five cents a share above estimates. Revenue matched forecasts. Same-store sales were up 5.0 percent, better than the consensus 4.6 percent increase estimate from Thomson Reuters. Foot ...

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