J.C. Penney's Last Gasp?
The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill, as well as analysts Jason Moser, Brian Richards, and Matt Argersinger discuss the top business and investing stories of the day.
Shares of J.C. Penney were down sharply on Thursday after the retailer reported a 32% decline in same-store sales. Is there any hope for the embattled retailer? In this installment of MarketFoolery, our analysts discuss the future of J.C. Penney.
J.C. Penney has been a train wreck whose comeback always seems just around the next earnings corner, but people are beginning to doubt if CEO Ron Johnson can weave the same magic that he did at Apple. Investors wondering whether J.C. Penney is a buy today are invited to claim a copy of The Motley Fool's must-read report on the company. Learn everything you need to know about JCP's turnaround -- or lack thereof -- and, as a bonus, you'll receive a full year of expert guidance and updates as key news develops. Simply click here now for instant access.
The relevant video segment can be found between 5:03 and 10:23.
The article J.C. Penney's Last Gasp? originally appeared on Fool.com.Brian Richards has no position in any stocks mentioned. Chris Hill has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. Fool contributor Matthew Argersinger has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.