J. C. Penney (JCP) Jan Comps Down 1.9%; Sees EPS At High End
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J. C. Penney Company, Inc. (NYSE: JCP) said comparable department store sales decreased 1.9 percent for the four weeks ended Feb. 2, 2008.
Based on improved January sales and preliminary earnings results, the Company now projects fourth quarter earnings to be at the high end of its original guidance range of $1.65 to $1.80 per share.
Based on improved January sales and preliminary earnings results, the Company now projects fourth quarter earnings to be at the high end of its original guidance range of $1.65 to $1.80 per share.
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