TITLE

JCPenney Cuts Costs

AUTHOR(S)
Hogsett, Don
PUB. DATE
May 2006
SOURCE
Home Textiles Today;5/15/2006, Vol. 27 Issue 29, p19
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of J.C. Penney Co. Inc. The company's strong margins and cut interest costs had drove its first-quarter profits to reach up to 22.1 percent, representing 210 million dollar from 172 million dollar. Its sales advanced to 4.2 billion dollar. Comps grew by 1.3 percent in department stores.
ACCESSION #
20845224

 

Related Articles

  • JCPenney Profits Rebound. Hogsett, Don // Home Textiles Today;2/28/2005, Vol. 26 Issue 25, p16 

    The article reports on the financial performance of J.C. Penney Co. Inc. for the fourth quarter. Helped by stronger same-store sales, wider margins and lower costs, fourth quarter profits at J.C. Penney rebounded to $333 million from a year-before loss of $1 billion. Overall sales subsided...

  • PENNEY'S NEW PLAN HASTENS GROWTH. Palmieri, Jean E. // DNR: Daily News Record;4/23/2007, Vol. 37 Issue 17, p1 

    The article discusses how department store chain J. C. Penney has decided to aggressively accelerate its growth plans. The article reports that after achieving the objectives of its preliminary five-year plan in two years, the department store has developed a new strategy that calls for the...

  • US: JC Penney turnaround taking hold as Q2 losses narrow. Russell, Michelle // Aroq - Just-Style.com (Global News);8/18/2014, p6 

    The article presents a reprint of the article "US: JC Penney turnaround taking hold as Q2 losses narrow," which appeared in the August 15, 2014 issue of "Aroq-Just-Style.Com." It discusses the financial performance of the U.S. department store retailer JC Penney Co. Inc. in the second quarter of...

  • Ending With a Bang: May, Penney Point to Strong 4th Quarter. Burrows, Dan // WWD: Women's Wear Daily;11/12/2003, Vol. 186 Issue 100, p1 

    This article reports on the financial performances of the companies May Department Stores Co. and J.C. Penny Co. for the year 2003. For the three months ending November 1, 2003, May Department Stores said that its net income increased by 193.8 percent to $47 million from $16 million in 2002....

  • May Co. Profits Nearly Triple.  // WWD: Women's Wear Daily;11/12/2003, Vol. 186 Issue 100, p10 

    This article reports on the financial performances of companies May Department Stores Co. and J.C. Penny Co. as of the year 2003. For the three months ending November 1, 2003, May Department Stores said that its net income increased by 193.8 percent to $47 million from $16 million in 2002....

  • J.C. Penney. Investor's Business Daily // Investors Business Daily;11/ 8/2013, pA02 

    J.C.

  • Penney still leads dept. store way. Lillo, Andrea // Home Textiles Today;7/16/2001, Vol. 22 Issue 44, p32 

    Reports the edge of JCPenney Co. Inc. over other leading department stores in New York, New York. Growth of sales at Khol Inc.; Sales decline of other department stores; Rank of Macy's company.

  • J.C. Penney's Profits Soar 36.6%. Young, Vicki M. // WWD: Women's Wear Daily;8/11/2006, Vol. 192 Issue 30, p2 

    The article reports on the financial performance of clothing retailer J.C. Penney for the second-quarter of 2006. J.C. Penney's income rose 36.6 percent, helped in part by continued strength in private label brands and a rebound in women's apparel sales. Direct sales gained 2.7 percent and were...

  • J. C. Penney Corporation, Inc. SWOT Analysis.  // J. C. Penney Corporation, Inc. SWOT Analysis;June 2003, p1 

    Presents an overview of J.C. Penney Co. Inc., which is one of the largest department store, drugstore, catalog and eCommerce retailers in the U.S. Company overview, including revenues generated in fiscal year 2003, services provided, and principal businesses; Key facts, including contact...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics