J. C. Penney (JCP) Same Store Sales down 4.9% in August; Guides Sept. Comps

September 3, 2008 8:12 AM EDT

J. C. Penney Company, Inc. (NYSE: JCP) comparable store sales fell 4.9% for the month of August. Sales for the month were $1.513 billion.

The company sees September same store sales in the down mid-to-high single digit range, compared to a 3.7% decline in the same period last year.

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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