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3 Retail Turnarounds That Are Still a Mess

JCP, BBY and SHLD are supposed to be on the mend, but recent reports weren't promising

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jcp-stock-bby-stock-shld-stockTo say that JCPenney (JCP), Sears Holdings (SHLD), and Best Buy (BBY) — along with their shareholders — have been run through the wringer over the past few quarters would be an understatement.

JCP stock, SHLD stock and BBY stock have been downright exhausting to own and difficult to handicap, as each works through its respective version of a so-called turnaround.

Recently released earnings for JCP, SHLD and BBY didn’t necessarily shed any light on their respective situations either. That’s because in all three cases, the results could have been (and were) seen as a glass half-full just as easily as a glass half-empty.

Still, the details and accompanying comments for Q3 JCPenney earnings, Sears earnings and Best Buy earnings are worth a closer look — if only to know what these retailers plan on using as their talking points for their next earnings updates.

Here’s what investors in JCP, SHLD and BBY need to know:

Article printed from InvestorPlace Media,

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