JCP March Comps Up 0.1%; Reaffirms Q1

April 7, 2005 7:58 AM EDT
J. C. Penney Company, Inc. (NYSE: JCP) said comparable department store sales increased 0.1 percent for the five weeks ended April 2, 2005. The company also said it believes that its previous first quarter earnings guidance of $0.48 to $0.53 per share remains appropriate.

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Guidance, Retail Sales