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J.C. Penney Issues Financials for Q4 of 2019
February 28, 2020
PLANO, Texas, Feb. 28 -- J.C. Penney, an apparel and home furnishings retailer, issued the following news release on Feb. 27:

J. C. Penney Company, Inc. (NYSE: JCP) announced financial results for its fiscal quarter and full year period ended Feb. 1, 2020.

Fourth Quarter:

* Comparable store sales decreased 7.0%

* Adjusted comparable store sales decreased 4.7%

* Cost of goods sold, as a rate of net sales, improved approximately 200 . . .

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