Q3 Retail Comp Sales Initial Takeaways: JCP Stumbles, Nordstrom Relatively Strong

Q3 retail earnings are underway. Initial takeaways:

  • JC Penney's rebound looks troubled as the Plano based retailer posted a negative comp.
  • Nordstrom is the only full line department store to post a positive year over year comp.
  • Nordstrom's off-price offering Rack remains strong with TJ Maxx, Ross and Burlington up next for earnings. 

Q2 Retail Earnings Recap can be found here