J.C. Penney

Retail clothing department stores furniture home improvement

J . C. Penney Company, Inc. (NYSE: JCP), one of the nation’s largest apparel and home furnishing retailers, is dedicated to fitting the diversity of America with unparalleled style, quality and value. Across approximately 1,020 stores and at jcpenney.com, customers will discover a broad assortment of national, private and exclusive brands to fit all shapes, sizes, occasions and budgets.

We’re in the midst of reinventing ourselves to fit the diversity of America. We’re looking for motivated, talented, professional, passionate people who will stand a head above the rest. With an inclusive environment and a culture to match, you’ll find career-defining moments, and maybe a new sense of purpose along the way. And we know you’ll get there in a style that’s all your own.

Company Growth (employees)

Type

Public

Plano, US

Founded

1902

Size (employees)

105,000 (est)

Website

jcpenney.com

J.C. Penney was founded in 1902 and is headquartered in Plano, US

Key People at J.C. Penney

Marvin Ellison

CEO

Edward Record

EVP, CFO

Andy Drexler

SVP, Chief Accounting Officer and Controller

Jodie Johnson

SVP, GMM, Footwear, Handbags and Intimate Apparel

Pam Mortensen

SVP, GMM, Fine Jewelry and Accessories

Janet Link

EVP, General Counsel

Michael Amend

EVP, Omnichannel

John Tighe

EVP, Chief Merchant

Katheryn Burchett

SVP, Real Estate and Property Development

J.C. Penney Office Locations

J.C. Penney has an office in Plano

Plano, US (HQ)

6501 Legacy Dr

J.C. Penney Data and Metrics

J.C. Penney Financial Metrics

J.C. Penney's revenue was reported to be $12.5 b in FY, 2016 which is a 1% decrease from the previous period.

Summary

USD

J.C. Penney's current market capitalization is $1.5 b.

Income Statement

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	13 b	11.9 b	12.6 b	12.5 b
Revenue growth, %		(9%)	6%	(1%)
Cost of goods sold	8.4 b	8 b	8.1 b	8.1 b
Gross profit	4.6 b	3.9 b	4.6 b	4.5 b
Gross profit Margin, %	36%	33%	36%	36%
Operating expense total	4.9 b	4.6 b	4.6 b	4.1 b
Income tax expense	(498 m)	23 m	9 m	1 m
Net Income	(1.4 b)	(771 m)	(513 m)	1 m

Balance Sheet

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	1.5 b	1.3 b	900 m	887 m
Current Assets	4.8 b	4.3 b	4 b	4.1 b
Total Assets	11.8 b	10.4 b	9.4 b	9.3 b
Total Debt	5.5 b	5.3 b	4.7 b	4.3 b
Current Liabilities	2.8 b	2.2 b	2.4 b	2.4 b
Common Stock	152 m	152 m	153 m	154 m
Additional Paid-in Capital	4.6 b	4.6 b	4.7 b	4.7 b
Total Equity			1.3 b	1.4 b
Debt to Equity Ratio			3.6 x	3.2 x
Debt to Assets Ratio	0.5 x	0.5 x	0.5 x	0.5 x
Financial Leverage			7.2 x	6.9 x

Cash Flow

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	(1.4 b)	(771 m)	(513 m)	1 m
Inventories	(594 m)	283 m	(69 m)	(133 m)
Capital Expenditures	(951 m)	(252 m)	(320 m)	(427 m)
Cash From Investing Activities	(789 m)	(142 m)	(296 m)	(316 m)
Long-term Borrowings	(256 m)	(412 m)	(520 m)	(2.3 b)
Cash From Financing Activities	3.2 b	(294 m)	(562 m)	(31 m)