JCPenney Has Better-Than-Expected Q3, Highest Comps in 9 Years

Plano, TX—JCPenney today posted better better-than-expected third quarter sales, helped by demand for home, footwear, handbags and a strong performance by the Sephora shops in its stores. For the three months ended Oct. 31, the department’s net loss narrowed to $137 million, or 45 cents a share, from $188 million, or 62 cents a share, […]

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