YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The J. C. Penney Co. reported a 0.8 percent decrease in quarterly comparable store sales on Friday.
Analysts expected same-store sales to increase 2.7 percent.
The company's quarterly net loss narrowed to $67 million from a loss of $115 million a year earlier.
Net sales dropped 1.4 percent to $2.9 billion.
Read more from Reuters.
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