Inactive Instrument

Old Copper Company

Equities

JCPNQ

US6795351047

J. C. Penney Company, Inc. Announces Sales Results for the Combined Nine-Week November and December 2016; Provides Earnings Guidance for the Full Year 2016

January 06, 2017 at 07:30 am EST

J. C. Penney Company, Inc. announced sales results for the combined nine-week November and December 2016. The company announced that its comparable store sales for the combined nine-week November and December 2016 period resulted in a negative of 0.8% decline over the same period last year, which equates to a 3.1% positive two-year stack of comparable store sales for the same time period.

The Company also reaffirmed its full-year EBITDA target of $1 billion for fiscal 2016.

Latest news about Old Copper Company

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J C Penney : retail and operating assets to exit Chapter 11	20-12-07	RE
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Company Profile

Old COPPER Company, Inc., formerly J. C. Penney Company, Inc. (JCPenney) is a holding company. The Company's business consists of selling merchandise and services to consumers through its department stores and its Website at jcp.com, which utilizes applications for desktop, mobile and tablet devices. Its department stores and Website generally serves the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website. It fulfills online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers' warehouses and by in store customer pick up. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney, home furnishings and appliances.

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