JCPenney's (JCP) Johnson Sees Better 2H, Says 2012 'Not a Throwaway Year'

May 15, 2012 5:17 PM EDT
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On its Q1 conference call, JCPenney's (NYSE: JCP) Ron Johnson said the company is looking for a better second half of 2012 compared to the first half. The exec said 2012 is "not a throwaway year" and expects to turn a profit this year.

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