JC Penney News: JC Penney Flying After Earnings, Sales Beat

Shares of JC Penney (JCP) have jumped after the beaten-down retailer beat earnings forecasts and reported a big jump in same-store sales. JC Penney said it lost 75 cents a share, beating forecasts for a loss of 91 cents, according to FactSet, on sales of $2.8 billion, beating forecasts for $2.78 billion. Same store sales, […]

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