Month Earnings update.. Ullman stoped them after 2013. But to show continued growth expect to see May Earnings reported
Ullman will punch Well Fargo and give them a black eye with a May earnings update that will show continued growth even higher then First quarter earnings. No weather issue this month, 8 new store Sephora opened, Mother's Day Sales, and traffic up going into June for Father's Day. This will deliver a huge blow to shorts. Ullman is #$%$ about wells fargo short covering and he will fire back.
Are others asleep or is this forum only full of pumpers and dumpers?
This is a very significant event in my eyes, and if true, then options settlement will be on 30 May, and May sales figures announcement in the following week. Expecting another very bad news for dumpers.
It would be dangerous for Ullman to provide an end-of-month revenue number when JCP is trying to get away from that practice.
There are other statements that the company can make that would accomplish the same thing. For instance, he could boost guidance for the quarter, or say something about the progress of a particular brand, such as St. John's Bay, or report increased traffic.