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J.C. Penney's same-store sales come in above its estimates
2017年11月10日 / 下午12点49分 / 9 天前

J.C. Penney's same-store sales come in above its estimates

Nov 10 (Reuters) - Department store chain J.C. Penney Co Inc reported same-store sales above its estimates, helped by an overhaul of women’s apparel and higher demand for home goods and Sephora beauty products.

The retailer reported a 1.7 percent increase in comparable sales, better than the 0.6-0.8 percent rise it estimated last month.

Net loss widened to $128 million, or 41 cents per share, in the quarter ended Oct. 28, from $67 million, or 22 cents per share, a year earlier. (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Maju Samuel)

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