J.C. Penney Company, Incorporated (JCP)

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Robert B. Cavanaugh , Executive VP/CFO
Industry: Retail
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Company Information

Robert B. Cavanaugh, Executive VP/CFO

6501 Legacy Drive

Plano, TX 75024-3698

US Map it

Phone: (972) 431-1000

Fax: (972) 431-9140

www.jcpenney.com

Latest news from Portfolio


Overview

The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney and home furnishings to customers through department stores, internet and catalog.

Portfolio Articles
  • Bad Penney
    Retail chain slashes first-quarter outlook. 
    Mar 28 2008
  • Retail's Class Divide
    Amid soft sales, discounters and high-end stores do well.
    Dec 06 2007
  • Shop Til the Deals Drop

    Deep discounts draw crowds, but probably not enough to rescue the season.

    Nov 23 2007
  • A Bad Penney
    Lowered forecast from J.C. Penney bodes ill for retailers.
    Nov 15 2007
  • Stocks: We Have Liftoff
    Surprising extent of Federal Reserve rate cuts lights a fire under markets.
    Sep 18 2007

See more news on this company

Portfolio Blogs

Employees

Number of Employees: 155,000
Revenue per Employee: $129,897

Top Executives

Michael T. Theilmann, Executive VP/Other Executive Officer/Chief Administrative Officer
Thomas M. Nealon, Chief Information Officer/Executive VP
William J. Alcorn, Senior VP/Controller

Board of Directors

Maxine K. Clark, Director
Myron E. Ullman, III, CEO/Chairman of the Board/Director
Kent B. Foster, Director

Thomas J. Engibous, Director
Burl Osborne, Director

R. Gerald Turner, Director
Leonard H. Roberts, Director
Kenneth C. Hicks, President/Other Executive Officer/Director

Colleen C. Barrett, Director

Financials

Quarterly
Annual

Income Statement 02/2008 11/2007 09/2007 05/2007
Sales NA 2.85 Bil. 2.72 Bil. 2.54 Bil.
Gross Operating Profit 6.39 Bil. 1.88 Bil. 1.67 Bil. 1.81 Bil.
Operating Income before D & A (EBITDA) 6.39 Bil. 512 Mil. 416 Mil. 510 Mil.
Total Income Before Interest Expenses (EBIT) 6.39 Bil. 411 Mil. 317 Mil. 419 Mil.
Total Net Income 430 Mil. 261 Mil. 182 Mil. 238 Mil.
Basic EPS, Total 1.93 1.18 0.82 1.05
Diluted EPS, Total 1.93 1.17 0.81 1.04

BALANCE STATEMENT 02/2008 11/2007 09/2007 05/2007
Cash and Equivalents 2.47 Bil. 142 Mil. 146 Mil. 124 Mil.
Total Assets NA 7.34 Bil. 6.68 Bil. 7.27 Bil.
Total Liabilities NA 4.06 Bil. 3.23 Bil. 3.28 Bil.
Total Capitalization 8.82 Bil. 8 Bil. 7.95 Bil. 8.23 Bil.

Cash Flow 02/2008 11/2007 09/2007 05/2007
Net Cash From Continuing Operations NA 45 Mil. 196 Mil. -29 Mil.
Net Cash From Investing Activities -1.22 Bil. -956 Mil. -615 Mil. -246 Mil.
Net Cash From Financing Activities -286 Mil. -177 Mil. -139 Mil. 595 Mil.
Net Change in Cash & Cash Equivalents -276 Mil. -1.09 Bil. -567 Mil. 321 Mil.

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Income Statement 2008 2007 2006 2005
Sales 426 Mil. 12.08 Bil. 11.03 Bil. 10.92 Bil.
Gross Operating Profit 19.43 Bil. 7.82 Bil. 7.75 Bil. 7.51 Bil.
Operating Income before D & A (EBITDA) 14.08 Bil. 2.28 Bil. 1.95 Bil. 1.68 Bil.
Total Income Before Interest Expenses (EBIT) 14.09 Bil. 2.06 Bil. 1.61 Bil. 1.25 Bil.
Total Net Income 1.11 Bil. 1.15 Bil. 1.09 Bil. 524 Mil.
Basic EPS, Total 4.9 5.03 4.3 1.83
Diluted EPS, Total 4.9 4.96 4.26 1.76

BALANCE STATEMENT 2008 2007 2006 2005
Cash and Equivalents 2.47 Bil. 119 Mil. 3.02 Bil. 4.69 Bil.
Total Assets NA 6.65 Bil. 6.7 Bil. 8.43 Bil.
Total Liabilities NA 3.49 Bil. 2.76 Bil. 3.45 Bil.
Total Capitalization 8.82 Bil. 7.3 Bil. 7.45 Bil. 8.32 Bil.

Cash Flow 2008 2007 2006 2005
Net Cash From Continuing Operations NA 1.27 Bil. 1.34 Bil. 1.13 Bil.
Net Cash From Investing Activities -1.22 Bil. -784 Mil. -408 Mil. 4.29 Bil.
Net Cash From Financing Activities -286 Mil. -751 Mil. -2.64 Bil. -2.66 Bil.
Net Change in Cash & Cash Equivalents -276 Mil. -269 Mil. -1.63 Bil. 1.69 Bil.

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