JCP Same Store Sales Down 26% in 3Q 2012 form 3Q 2011.
So if 3q 2013 SSS are +3%, is that anything to get excited about?
With all the intense promotions JCp is running, I'd want JCP SSS at least +13% to feel good this Q.
Remember they lost 26% in the comparable YOY quarter.
IMO it won't happen.
Keep in mind JCP also reported a 4% lower SSS in Sept 2013 as compared to Sept 2012.
September 2012 was part of the quarter that produced a 26% loss and they still couldn't beat that month.
So, really October sales will be added with the lackluster Sept sales to arrive at the quarterly number.
Odds still look stacked against JCP.
I am just reporting numbers.
As I said before, even if October's SS sales are slightly positive, say 3%, they will stil lhave a negative YOY 3Q compared to 3Q 2012 which is a very easy compare.
Margins are important. How many $1s do you want to buy from me for 0.90?
you repeat the same BS several times a day.. everyone knows the numbers... its whether you think JCP will drive back traffic... its pretty simple.. go do something productive, if possible
Actually you have provided nothing of value that I could see. No data. No facts. No new insights.
I rebutted constant lies about ICAHN, BUFFET Buying.
- predicted short interest decline
- provided a actual valuation of JCP RE by professional appraisers to rebut long lies
- clearly explained why JCP is NOT like Best Buy
- and so on.
I know you want the inspirational JCP going to $100 if it increases 1 month's Same store sales in comparison to a poor Oct 2012 number.
IMO JCp at earnings will say look Oct sales, up 3%(?) but ignore that Sept sales that were down 4% YOY.
Of course they won't point out that the compare is against sales that were down 26% in 3Q 2012,
Again if your mutual fund loses 26% then gains 3%, are you happy?
Look at margins. I expect erosion.