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J. C. Penney (JCP) Comps Fall 1.2% in January; Increases Q410 EPS Outlook Above

February 3, 2011 8:35 AM EST
J. C. Penney Company, Inc. (NYSE: JCP) reports total sales for the month of January were $903 million, down 3.9% from the same period last year. Same store sales fell 1.2%.

Q410 EPS outlook increase from $0.90 - $1.00 to $1.06 - $1.09, versus the consensus of $0.96.


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Guidance, Retail Sales