J.C. Penney (JCP) Posts Q3 Loss of 47c/Share; Comps Rose 6.4%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
JCPENNEY REPORTS A 6.4 PERCENT INCREASE IN SAME STORE SALES AND A 70 BASIS POINT IMPROVEMENT IN GROSS MARGIN TO 37.3 PERCENT FOR THE THIRD QUARTER OF FISCAL 2015
November 13, 2015 7:32 AM ESTContinued expense discipline drove a 300 basis point improvement in SG&A; Adjusted EBITDA improved $83 million to $108 million for the quarter
                                                                                                                               Â
PLANO, Texas - (November 13, 2015) - J. C. Penney Company, Inc. (NYSE: JCP) today announced financial results for its third quarter ended October 31, 2015. Â The Company reported net sales of $2.90 billion compared to $2.76 billion in the third quarter of 2014. Same store sales increased 6.4 % for the period.
Marvin Ellison, chief executive officer, said, "The continuation of our strong sales performance this quarter demonstrates ongoing progress towards achieving the Company's long-term financial... More
