JC Penney News: J.C. Penney Zooms Higher After Earnings: More Room for Gains?

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Sales during the quarter ending on May 3 increased by 6.3% to $2.8 billion, versus $2.6 billion in the same period of 2013. This was better than analysts’ estimates of $2.7 billion for the quarter. Furthermore, same-store sales increased by 6.2% during the …

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