Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

J.C. Penney Co. at a glance

Send a link to a friend

[November 19, 2012]  NEW YORK (AP) -- THE COMPANY: J.C. Penney Co. is a mid-priced department store chain that sells clothes, shoes and household goods

HEADQUARTERS: Plano, Texas

FOOTPRINT: Penney operates 1,100 stores in the U.S. and jcp.com

WORK FORCE: 100,000 employees

REVENUE AND PROFITS: For the nine-month period ended Oct. 27, Penney reported a loss of $433 million, or $1.98 per share. That's compared with a loss of $65 million, or 30 cents in the year-ago period. Revenue dropped 23 percent to $9.1 billion.

STOCK: Penney stock trades at about $16, the lowest point since March 2009 when the U.S. was in a deep recession. Investors had pushed its stock up nearly 25 percent to about $43 after it unveiled a new everyday low pricing plan in late January. But since then, the stock has plunged 62 percent.

[Associated Press]

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

< Recent articles

Back to top


 

News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor