Friday, 24 May 2019
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J.C. Penney sales fall short, net loss doubles; shares sink 10%

Added: 21.05.2019 15:16 | 13 views | 0 comments

Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled, after the retailer exited its appliance and in-store furniture businesses, sending shares down 8% in premarket trading on Tuesday.

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