JCPenney (JCP) Same Store Sales Fall 1.8% in May

June 3, 2010 8:33 AM EDT
JCPenney (NYSE: JCP) reports total sales for the month of May were $1.228 billion, down 2.1% from the same period last year. Same store sales down 1.8%.

Still sees Q2 comps up 2.5-3%.

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Guidance, Retail Sales