Reuters logo
J.C. Penney's same-store sales come in above its estimates
November 10, 2017 / 12:47 PM / 11 days ago

J.C. Penney's same-store sales come in above its estimates

Nov 10 (Reuters) - Department store chain J.C. Penney Co Inc reported same-store sales above its estimates, helped by an overhaul of women’s apparel and higher demand for home goods and Sephora beauty products.

The retailer reported a 1.7 percent increase in comparable sales, better than the 0.6-0.8 percent rise it estimated last month.

Net loss widened to $128 million, or 41 cents per share, in the quarter ended Oct. 28, from $67 million, or 22 cents per share, a year earlier. (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Maju Samuel)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below