JCPenney Reports Holiday Sales and Reaffirms Fiscal Year 2019 Guidance
January 10, 2020
January 10, 2020
PLANO, Texas, Jan. 10 -- J.C. Penney, an apparel and home furnishings retailer, issued the following news release:
J. C. Penney Company, Inc. (NYSE: JCP) announced that its comparable store sales for the combined nine-week period ending Jan. 4, 2020 decreased 7.5%. Adjusted comparable store sales, which exclude the impact of the Company's exit from major appliance and in-store furniture categories, decreased 5.3%.
The Company also reaffirmed its financial guidance for f . . .
J. C. Penney Company, Inc. (NYSE: JCP) announced that its comparable store sales for the combined nine-week period ending Jan. 4, 2020 decreased 7.5%. Adjusted comparable store sales, which exclude the impact of the Company's exit from major appliance and in-store furniture categories, decreased 5.3%.
The Company also reaffirmed its financial guidance for f . . .