Quarterly Earnings, J.c. Penney | featured news

J.C. Penney reports hefty 3Q loss

J.C. Penney Co. reported a bigger-than-expected loss in the third quarter on plummeting sales as customers continue to reject its move get rid of blockbuster sales in favor of everyday low pricing.

 

J.C. Penney's Profit Rises Sharply

J.C. Penney posted a sharply higher profit, aided by lower pension costs and a modest improvement in sales.

 

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