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J.C. Penney Posts Weaker Holiday Sales

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J.C. Penney: Ready To Release Holiday Update – J.C. Penney Company Inc. (NYSE:JCP)

J.C. Penney: Ready To Release Holiday Update - J.C. Penney Company Inc. (NYSE:JCP)*/

– I think J.C. Penney can likely do around +1.5% to +4.5% in November/December, generally in-line with its prior guidance.J.C. Penney has typically performed a few percentage points higher than those two companies during 2016, and is benefiting from appliance sales now.J.C. Penney (NYSE:JCP) should be releasing a holiday sales update soon, as last year it released its holiday update in the morning of the first Thursday in January.
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J.C. Penney Reports Weak Holiday Season Sales, Sending Shares Plunging

J.C. Penney Reports Weak Holiday Season Sales, Sending Shares Plunging*/

– So much for being retail’s comeback kid.J.C. Penney ( jcp ) on Friday reported weak holiday season sales , becoming the latest department store chain to disappoint investors with a lackluster performance despite forecasts for the best Christmas period for retail overall in years.The retailer said comparable sales, which include e-commerce and sales at stores open at least a year, fell 0.8% in November and December.
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J.C. Penney Posts Weaker Holiday Sales

J.C. Penney Posts Weaker Holiday Sales*/

– J.C. Penney Co. joined a host of brick-and-mortar retailers reporting disappointing holiday sales figures as women’s apparel weakness continued to drag down results.Comparable-store sales for the combined nine-week November and December period slipped…
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