J.C. Penney Beats The Street

By Oak Leaf ~ May 15th, 2009 @ 5:25 am

The street consensus;

Analysts, on average, estimated profit of 5 cents a share

Drum roll……double, yes double what the street expected;

11 cents a share

For the record, I do not patronize J.C. Penney as they have a past unfavorable record towards Christian Home Educating families. You can not go much farther to the right than that.

I am however, very happy to see another business outperform expectations.

You enter a recession when companies start performing worse than expected. You leave a recession when companies start performing better than expected.

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14 Responses to J.C. Penney Beats The Street

  1. jtb-in-texas

    boycotts are a Leftist gimmick… they are not conservative… and just because you are allegedly a home-schooler does not mean you are conservative, Christian, Republican, or even a good parent…

    Being “right-wing” is not something conservatives talk about, either. Actually, we consider ourselves “moderate” and “centrist”. We consider the so-called “moderates” to be leftists, “progressives” to be dyed in the wool socialists, and anyone who claims to support Ron Paul to be hoarding tin foil.

    Please stop trying to tell us how “conservative” you are. It’s just not working…

    Show us a different side. One that doesn’t support the dhimmicrats by diverting attention from their drive to erase our Constitution, for example…

    [Just explain this before you depart. What kind of a person hopes for the US economy to collapse to "stop" the Democrats? Now, think about that implication with you and your family. That means you no longer have a job, all of your insurance contracts are up in smoke, your bank is closed, pension gone, 401K gone, someone is trying to forclose your house. Think about it seriously.

    Is that being a Conservative?

    Well, the person that filled those comments at Polipundit, is now a regular at Be John Galt.

    If that is you share that version of Conservatism, I want nothing of it.

    OL]

  2. invalid10

    I watched a thing on protective mass protest, and I think people have to stop traffic to make it really work well. That’s what worked in the 60’s and 70’s, but now there are so many permits and such that it makes it hard to really disrupt.

    Rand getting some coverage this morning in Kentcuky.

    Trey Grayson didn’t go on television for his so maybe he is jealous.

  3. EX-Poli Regular

    Well said JTB-in-Texas

    Please come join us at a
    REAL Conservative blog
    once you finally decide to leave this socialist leaning site.

    You’ll find MANY of your “regular” friends there (who no longer frequent this site, which has utterly failed due to years of neglect and non-stop socialist cheerleading).

    You’re welcome anytime JTB (and any other real Conservatives)

    [You will find the secessionists over there. You will find those that are stockpilling ammo, canned food, gold and guns. The site also at one time had a click on link so you could buy survival equipment and rations. Over there you can discuss the "fake" Obama birth certificate. Wait, you will need to refer to the President as Mugabe, not Obama. Personally, I consider that crazy talk but if thats what floats your boat.

    Oh and when the 2010 election season heats up, let me recommend The Hedgehog Report where you will get lots of warm fuzzy comments that have zero grounding in reality. I am sure they still think John McCain is on his way to a glorious victory. The theories they had were along the line of the tooth fairy. Hedgehog regulars are also over at BeJohnGalt too.

    OL]

  4. Ken

    Oak Leaf:

    You really need to stay out of the financial news arena. You’re starting to embarrass yourself

    “J.C. Penney Co. said Friday that its first-quarter profit tumbled 79 percent on a hefty pension expense. While the quarterly results managed to beat analysts’ estimates, the department store chain said it will miss Wall Street’s full-year forecast.”

    http://finance.yahoo.com/news/JC-Penney-1Q-profit-slides-on-apf-15256916.html?.v=12

    Ken
    Dallas

  5. EX-Poli Regular

    Oak Leaf:
    You really need to stay out of the financial news arena.
    You’re starting to embarrass yourself

    ===

    Some might argue that Oak is way past the point of:
    starting to embarrass” himself.

    [I thank God everyday for having become fully re-invested in the equity markets immediately after the right proclaimed "Obama Bear Market." In September 2010, I am confident my balance sheet will be better than it is today. Ditto in September 2012. It is too bad the GOP is letting an opportunity to minimize political damage slip through its hands, oh well. George Bush planted the seeds for recovery and the GOP is blowing it, big time. OL]

  6. BCL

    Looks like Be John Galt dot com will never be soiled by Oak Leaf’s presence. yippee

  7. EX poli reg

    “You will find the secessionists over there.
    blah blah blah… rant rant rant…”

    Oak:

    Once again, you’re talking out of your a$$.

    It’s very apparent from your comments here, that you don’t have the SLIGHTEST CLUE as to what you’re talking about.

    You cannot make an accurate assessment of other conservatives any better than you can make accurate assessments of the U.S. economy.

    You’re an embarrassment and a joke.

    Continue on with your socialist cheerleading and Obama worship.

  8. MFG

    Well, we may have secessionists over at BeJohnGalt, but at least we don’t have people cheering for the United States to lose a war

    Look, JokeLeaf, if you’re now a supporter of Barack Obama, fine, it’s a free country, go for it

    What people object to with you is your constant, never ending, personal dishonesty

    You claim that the surge can’t possibly work, then when it does, you go silent for a year; you express joys over liberal victories, then when accused of being a liberal you deny it; you cherry pick economic news, only highlighting good news

    Clearly the reason for this is because you support Barack Obama and have now become a Daily Kos type liberal

    Again, which is fine, it’s a free country

    What might be very interesting (and certainly more personally honest) is to honestly lay out for us all why and how you became a left wing whack job

    Certainly what you’re doing isn’t working, as you can see by the 80% decline in the viewership of this website, as attested to by this site’s sitemeter

    Try personal honesty for a change; you might like the results you see

    Certainly you’d get a little bit more respect than you do now and wouldn’t be what you are now: a national laughingstock

  9. EX poli reg

    Look, JokeLeaf, if you’re now a supporter of Barack Obama, fine, it’s a free country, go for it. What people object to with you is your constant, never ending, personal dishonesty
    –MFG

    AMEN!!!!!!!

    Dishonest “posers” like Jokeleaf are exactly what’s wrong with the GOP.

    Why do these posers even want to hide under a conservative brand, when clearly THEY’RE NOT???????

    Just freakin’ be HONEST for a change and admit to the non-stop socialist cheerleading, the desire for America to lose a war, the blatant liberal tendancies, and the fact that Obama is constantly shielded on this stinking blog BECAUSE OF SKIN COLOR!!!!!!!

    The utter dishonesty is what KILLED this blog.

    Great comments MFG. They’re among the FEW good comments this blog will ever see again as more and more “true” conservatives leave this socialist leaning hack site.

  10. rightwingyahoo

    I personally would like this malevolent and dullwitted Commie Colonel to enjoy his profits while he can: The dollar will soon be worthless and and his “millions” in market gains from JC penny (lol) can be used to wipe his ass.

    The problem with Oak Leaf is precisely what he accuses us of: Letting his emotions cloud his judgment. He also has a bad habit of drawing out of this world, left field conclusions from the various data. Namely, that Obama’s election to POTUS means the end of race baiting or AA, (LOL how ridiculous, it’s only the beginning, and his insistence that a few stocks mean a market recovery when the Feds are appropriating the GDP and running investors off, and people are losing jobs at 650k/month)

    And the currency crisis hasn’t hit yet, and the commercial real estate bomb hasn’t hit yet.

    I also notice that the Commie Colonel (can we call him Che yet?) no longer has much bad to say about Bush, heh, when before the election he was what we all said he was, worthless.

    Remember Oak’s quote “the banks needed to be nationalized yesterday, they need to be nationalized today, they need to be nationalized tomorrow”?

    yeah, we are dealing with a delusional idiot.

  11. rightwingyahoo

    I mean he’s down to picking single stocks and posting EVERY ONE.

    LOOK! Washington Vaccuums is up a quarter! That means universal health care is a good thing!

    Another thing that makes Oak the Joke he is: Although he likes to trumpet the fact that none of the Poli posters voted McCain, (very understandably, even admirably) he never posts that HE KNOWS that Poli and Varones, and likely AJ too, (guess he’s gone, bye AJ, we love you bro) are part of the guns, gold and food crowd too.

    Screw you, Oak!

  12. rightwingyahoo

    Another thing that is hilariously obvious about Colonel Democrat is his professed impartiality.

    He will bash an R Senator for asking questions of an Ogabe appointee, but show me ONE POST critical of Obama’s policies or personnel.

    ZERO.

    Oak is a freaking joke, and should be at Huffpo.

  13. rightwingyahoo

    You will find the secessionists over there. You will find those that are stockpilling ammo, canned food, gold and guns.

    you calling the millions of NRA and GOA members, patriots all, fools? Millions of Americans more conservative and patriotic than you, and equally self suffienct, are preparing to be able to live on their own while you salute your marxist POTUS.

    I guess you’re calling all of them fools? Must be nice to be a Democrat Oak.

  14. Thaddeus Rutty

    Life is 4 living, I Live 4 U.Songs r 4 singing, I Sing 4 U.Love is 4 caring, I Care 4 U.Angels r 4 keeping, Can I keep U

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