J.C. Penney (JCP)

J.C. Penney Friday said its third-quarter net income fell 78 percent to $27 million, or 11 cents share, from $124 million, or 56 cents a share, a year earlier. Excluding a 3-cent charge related to real estate impairment, earnings were 14 cents a share. Sales declined 3.2 percent to $4.18 billion.
Earnings matched Street estimates.

Nov 13 · 11:18:00 AM · Source: Company News
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by Larry Etter