J. C. Penney (JCP) Comps Down 1.4% in Sept. Guides Oct. Same Store Sales; Raises Q3 Guidance
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J. C. Penney Company, Inc. (NYSE: JCP) reports total sales for the month of September were $1.438 billion, down 0.6% from the same period last year. Same store sales fell 1.4%.
Sees same store sales down 5-8% next month (October).
Raises its Q3 EPS guidance from a loss of $0.05 to a gain of $0.05 to a gain of $0.03-$0.10. The Street is currently looking for Q3 EPS of $0.05.
Sees same store sales down 5-8% next month (October).
Raises its Q3 EPS guidance from a loss of $0.05 to a gain of $0.05 to a gain of $0.03-$0.10. The Street is currently looking for Q3 EPS of $0.05.
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