JC Penney yanks earnings outlook because of coronavirus

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The department store chain announced Friday morning that it is not providing an updated outlook at this time.

Earlier in the week, on Wednesday, Penney said it would close all of its stores across the country until April 2, at least, to try to help halt the spread of the new

. It did not clarify whether or not it would be paying workers during this time. A spokesperson declined to comment.Penney "believes it is in the best interest of its customers, stockholders, partners and associates to remain focused solely on the operations of the business," it said in an SEC filing.

 

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thats a solution don't say..lol

What earnings ? Lol R.I.P JCPenny

Farewell my drapery friend

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