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J.C. Penney Company, Incorporated (JCP)

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Myron E. Ullman, III , CEO/Chairman of the Board/Director

www.jcpenney.com

Industry: Retail

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Overview

News

People

Financials

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

News Feeds

Three more anchor tenants to open at Posner Park Orlando
Jul 15 2008
Department stores lead sales declines among retailers Reuters
Jul 10 2008
Sector Snap: Department stores fall AP
Jul 10 2008
Out of the Gate: J.C. Penney falls on June sales AP
Jul 10 2008
J.C. Penney June same-store sales fall 2.4 percent AP
Jul 10 2008
Penney launches new brand aimed at young adults AP
Jul 07 2008
J.C. Penney banking on more teen market share Reuters
Jul 07 2008
Buyers shying away from GE's credit card business: WSJ Reuters
Jun 25 2008
J.C. Penney to reduce pace of store openings AP
Jun 25 2008
J.C. Penney rises after cut in new store openings AP
Jun 25 2008

Portfolio Blogs

Morning Hemlines: Penney, Steve & Barry's, Forever 21, Ballantyne, Versace, and Sharapova
Jun 24 2008
FakeCarlIcahn.com
Feb 06 2008

Press Releases

JCPenney Reports June Sales Jul-10-2008, 08:30AM EDT
Teens "Get That Look" at JCPenney This Back-to-School Season Jul-07-2008, 12:38PM EDT
JCPenney Launches Dorm Life Jul-07-2008, 12:30PM EDT
Get That Look at JCPenney This Back-to-School Season Jul-01-2008, 12:56PM EDT
JCPenney Announces Updated Bridge Plan Targets for 2009 Jun-25-2008, 11:41AM EDT

Employees

Number of Employees: 155,000

Revenue per Employee: $129,897

Top Executives

Robert Johnson, Other Corporate Officer/Vice President

Bruce Kilkowski, Other Corporate Officer/Vice President

Michael T. Theilmann, Executive VP/Other Executive Officer/Chief Administrative Officer

Robert B. Cavanaugh, Executive VP/CFO

Thomas M. Nealon, Chief Information Officer/Executive VP

Kenneth C. Hicks, President/Other Executive Officer/Director

Dennis P. Miller, Controller/Senior VP

Phillip Sanchez, Other Corporate Officer/Vice President

Board of Directors

Vernon E. Jordan, Jr., Director

Burl Osborne, Director

Thomas J. Engibous, Director

Maxine K. Clark, Director

R. Gerald Turner, Director

Kent B. Foster, Director

Javier G. Teruel, Director

Leonard H. Roberts, Director

Kenneth C. Hicks, President/Other Executive Officer/Director

Mary Beth Stone West, Director

Colleen C. Barrett, Director

M. Anthony Burns, Director

Financials

Quarterly

Annual

Income Statement	05/2008	02/2008	11/2007	09/2007
Sales	110 Mil.	NA	2.85 Bil.	2.72 Bil.
Gross Operating Profit	4.02 Bil.	6.39 Bil.	1.88 Bil.	1.67 Bil.
Operating Income before D & A (EBITDA)	2.72 Bil.	6.39 Bil.	512 Mil.	416 Mil.
Total Income Before Interest Expenses (EBIT)	2.72 Bil.	6.39 Bil.	411 Mil.	317 Mil.
Total Net Income	120 Mil.	430 Mil.	261 Mil.	182 Mil.
Basic EPS, Total	0.54	1.93	1.18	0.82
Diluted EPS, Total	0.54	1.93	1.17	0.81

BALANCE STATEMENT	05/2008	02/2008	11/2007	09/2007
Cash and Equivalents	1.94 Bil.	2.47 Bil.	142 Mil.	146 Mil.
Total Assets	NA	NA	7.34 Bil.	6.68 Bil.
Total Liabilities	NA	NA	4.06 Bil.	3.23 Bil.
Total Capitalization	8.6 Bil.	8.82 Bil.	8 Bil.	7.95 Bil.

Cash Flow	05/2008	02/2008	11/2007	09/2007
Net Cash From Continuing Operations	-174 Mil.	NA	45 Mil.	196 Mil.
Net Cash From Investing Activities	-269 Mil.	-1.22 Bil.	-956 Mil.	-615 Mil.
Net Cash From Financing Activities	-88 Mil.	-286 Mil.	-177 Mil.	-139 Mil.
Net Change in Cash & Cash Equivalents	-531 Mil.	-276 Mil.	-1.09 Bil.	-567 Mil.

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.

J.C. Penney Company, Incorporated (JCP)

Company Information

Overview

Employees

Top Executives

Board of Directors

Financials

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