J.C. Penney (JCP) Tops Q1 EPS by 27c, Comps Decline 3.5%; Reaffirms FY Guidance
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JCPENNEY REPORTS FIRST QUARTER 2017 FINANCIAL RESULTS AND REAFFIRMS FULL YEAR GUIDANCE
May 12, 2017 7:31 AM EDTGross Margin Increases 10 basis points
Company Taking Actions to Strengthen Balance Sheet Through Planned Retirement of $520 million in Outstanding DebtÂ
PLANO, Texas - (May 12, 2017) - J. C. Penney Company, Inc. (NYSE: JCP) today announced financial results for its fiscal first quarter ended Apr. 29, 2017. Â
Marvin R. Ellison, Chairman and Chief Executive Officer said, "We continue to make encouraging progress in the Company's competitive and... More
