Content about Myron E. (Mike) Ullman , III

May 15, 2014

J.C. Penney topped expectations for the first quarter, reporting a 6.2% increase in same-store sales that easily topped views.

Dallas -- J.C. Penney topped expectations for the first quarter, reporting a 6.2% increase in same-store sales that easily topped views. Revenue for the quarter, which ended May 3, rose to $2.80 billion, above the $2.71 billion analysts expected, up from $2.64 billion in the year-ago period.  

It was the second consecutive month of same-store sales gains for Penney, and the retailer said sales improved sequentially each month within the quarter.

Penney lost $352 million for the quarter, not as much as analysts expected.

December 3, 2013

J. C. Penney said that its same-store sales rose 10.1% for the fiscal month ending November 30, 2013.

Plano, Texas  -- J. C. Penney said that its same-store sales rose 10.1% for the fiscal month ending November 30, 2013.  The retailer's stock was up 4.6% to $10.57 percent in after-hours trading Tuesday.

November 14, 2005

Plano, Texas, J....

November 14, 2005

Plano, Texas, J....