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New York, NY -- (SBWIRE) -- 02/28/2013 -- StockRunway.com issues special report on Active Stock Movers – Dollar Tree (NASDAQ:DLTR) and J.C. Penney Company (NYSE:JCP) are in news.
Dollar Tree, Inc (NASDAQ:DLTR) reported on Wednesday that its profit moved up around 22% for fiscal Q4 and 26.8% for its 2012 fiscal year, though its quarterly sales expansion slowed from the finish of earlier year. Earnings for company reached $228.6 million or $1.01 a share for fiscal Q4. Earnings were $619.3 or $2.68 a share for the year.
Can Investors Bet on DLTR after this News update? Find out in this Research Report
Sales of the retailer that owns the nation’s largest all-for-$1 chain in fourth quarter benefited from extra week, evaluated against the similar period previous year, and reached $2.25 billion, high 15.4%. Sales in same stores moved up 2.4% for the three months period.
Chief executive officer of the Plano, Texas-based J.C. Penney Company, Inc (NYSE:JCP) Ron Johnson is facing mounting pressure after the primary year of his turnaround scheme resulted in company’s lowest yearly sales in over 2 decades.
Is JCP a Solid Investment at These Levels? Read This Report For Details
Shares of the department-store company fell around 15% in late trading session on Wednesday after J.C. Penney announced its net loss in the three months period finished Feb 2 widened to $552 million or $2.51 per share, from $87 million or 41 cents per share in previous year.
Annual revenue of the retailer plunged 25% to almost $13 billion, the record low since around 1987. Revenue of J.C. Penney in fiscal Q4, which comprises the main holiday shopping period, plunged 28% to $3.88 billion as sales at stores open around a year tumbled 32%.
Should JCP a Buy or Sell Now? Find Out Here
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