J.C. Penney Falls After Signaling Slower Holiday Sales GainsBy
Same-store sales in third quarter rise 6.4%, topping estimates
Net loss narrows as Ellison continues Ullman's cost cuts
J.C. Penney Co., the third-largest U.S. department-store company, fell the most in more than two years after signaling that sales growth during the holiday season may slow from the third quarter’s pace.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.