J. C. Penney (JCP) Comps Fell 2.4% in June; Guides July Same Store Sales
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J. C. Penney Company, Inc. (NYSE: JCP) reports June sales fell 0.4% from $1.609 billion to $1.602 billion most recently. Comps for the month came in at down 2.4%. This level of same store sales comes in at slightly better than JCPenney's previous comps guidance of down mid-single digits.
JCPenny sees July comps falling mid-single digit.
J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise and services to customers through its department stores and catalog/Internet channels.
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