Whats priced in ? That they lost even more money with no end in sight ?
What turnaround ? What kitchen sink ? Does anything in this report indicate that they won't lose any more money next quarter ? Any sign of improvement ? They are in debt up to their eyeballs and losing more and more money every quarter. And this was their best quarter. Xmas.
The real surprise is internet sales. For a guy that is imitating steve jobs to make his presence seem as if he had something to do with apples technology.............they sure are computer illiterate. I bought my computer in a sweatshirt and flip-flops ............does JCP sell those?