JCPenney Issues Financials for 3rd Quarter of 2019
November 15, 2019
November 15, 2019
PLANO, Texas, Nov. 15 -- J.C. Penney, an apparel and home furnishings retailer, issued the following news release:
J. C. Penney Company, Inc. (NYSE: JCP) today announced the following financial results for its fiscal third quarter ended Nov. 2, 2019, as compared to the third quarter ended Nov. 3, 2018 last year:
* Comparable store sales decreased 9.3 %; Adjusted comparable store sales decreased 6.6 %
* Cost of goods sold rate improved 350 basis points
. . .
J. C. Penney Company, Inc. (NYSE: JCP) today announced the following financial results for its fiscal third quarter ended Nov. 2, 2019, as compared to the third quarter ended Nov. 3, 2018 last year:
* Comparable store sales decreased 9.3 %; Adjusted comparable store sales decreased 6.6 %
* Cost of goods sold rate improved 350 basis points
. . .