JCPenney (JCP) Comps Up 0.3% in Dec.; Slashes Q4 Outlook Significantly

January 5, 2012 8:33 AM EST
JCPenney (NYSE: JCP) reports same-store sales rose 0.3 percent in December.

Cuts its Q4 EPS guidance from $1.05-$1.15 to 65-70 cents, vs. the consensus of $1.08.


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