News for J.C. Penney
Nov 13 · 11:18:00 AM · Source: Company News
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.
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by Larry Etter
Nov 5 · 1:35:00 PM · Source: Company News
J. C. Penney Company, Inc. Thursday reported comparable store sales for the four-week period ended Oct. 31, 2009, decreased 4.5 percent, In last year’s October period, comparable store sales decreased 13 percent. Total Company sales in October decreased 3.5 percent.
The sales topped company guidance.
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by Larry Etter
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