J. C. Penney (JCP) Comps Down 8.2% in May; Sees June Same Store Sales Down 9-12%
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J. C. Penney Company, Inc. (NYSE: JCP) today announced that sales for the month of May fell 6.7% to $1.254 billion. Same store sales for the month were down 8.2% compared to a 4.4% decline in the same period last year.
Sees June same store sales down 9-12%, compared to a 2.4% drop in June '08.
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