<p>J.C. Penney Company, Inc. (NYSE: JCP) reported a bigger-than-expected second quarter loss of $1.17 a share on $2.66 billion in revenues, compared with estimates for a second quarter loss of $1.06 a share on $2.76 billion in revenue, according analysts polled by Reuters.</p><p>However, the troubled retailer did say its store sales improved from the previous quarter, and sales trends had improved every month in the quarter, sending shares higher in pre-market trade.</p><p>On Tuesday, shares of J.C. Penney Company, Inc. fell 1.44 percent to $13.03 in morning trade.</p><p>The Home Depot, Inc. (NYSE: HD)said net earnings in the second quarter increased to $1.8 billion, or $1.24 a share, compared with $1.53 billion, or $1.01 a share, a year-ago. In addition, the world’s biggest home improvement retailer reported sales rose 9.5 percent to $22.5 billion, beating Wall Street estimates of $21.8 billion.</p><p>Home Depot also raised its full-year guidance to $3.60 per share, up from the prior estimate of $3.52 per share.</p><p>Shares of The Home Depot, Inc. edged down 0.80 percent to $74.61.</p><p>Best Buy Co., Inc. (NYSE: BBY) reported the company earned 32 cents a share, excluding special items, compared with analysts’ expectations of 12 cents for the quarter. Although sales fell 0.4 percent to $9.30 billion, the company still topped average Wall Street forecasts of $9.13 billion, according to Reuters.</p><p>Shares of Best Buy Co., Inc. jumped 9.89 percent to $33.77 in morning trade.</p><p>After the bell on Tuesday, Analog Devices Inc. (NASDAQ: ADI) and Intuit Inc. (NASDAQ: INTU) are among notable companies reporting quarterly earnings results.</p><p>The Dow Jones industrial average gained 20.10 points, or 0.13 percent, to 15,030.84. The S&P 500 was up 5.46 points, or 0.34 percent, to 1,651.67. The Nasdaq Composite added 16.62 points, or 0.47 percent, to 3,605.95.</p>
