Printer Friendly

JCPENNEY SALES UP 12.9 PERCENT

 JCPENNEY SALES UP 12.9 PERCENT
 DALLAS, Sept. 3 /PRNewswire/ -- Sales of J.C. Penney Company, Inc.


(NYSE: JCP) stores for the four weeks ended Aug. 29, 1992, increased 12.9 percent to $1,050 million from $931 million in the 1991 period. On a comparable store basis, that is stores open at least a year, sales increased 12.4 percent.
 Solid gains continued throughout the country, sparked by strong sales of back-to-school merchandise, commented Chairman of the Board William R. Howell. Outstanding performers included women's sportswear, men's sportswear, children's back-to-school apparel, and fashion home furnishings. Howell added that with Labor Day a week later this year, strong back-to-school sales should continue into September.
 For the 30 weeks ended Aug. 29, 1992, sales of JCPenney stores were up 11.9 percent to $6,716 million from $6,006 million for the same period a year earlier. On a comparable store basis, sales increased 11.0 percent.
 J.C. PENNEY COMPANY, INC.
 Sales Summary
 ($ in millions)
 Percent
 Period ended Increase(Decrease)
 All Comparative
 8/29/92 8/31/91 Units Units
 4 weeks
 JCPenney stores $ 1,050 $ 931 12.9 12.4
 Catalog 234 231 0.8 --
 Drug stores 99 87 14.5 12.6
 Total Company $ 1,383 $ 1,249 10.7 --
 30 weeks
 JCPenney stores $ 6,716 $ 6,006 11.9 11.0
 Catalog 1,567 1,558 0.5 --
 Drug stores 749 659 13.6 10.7
 Total Company $ 9,032 $ 8,223 9.8 --
 -0- 9/3/92
 /CONTACT: Duncan Muir of JCPenney, 214-591-1329/
 (JCP) CO: J.C. Penney Company, Inc. ST: Texas IN: REA SU:


SH -- NY017 -- 6269 09/03/92 09:21 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 3, 1992
Words:278
Previous Article:MONTANA PRECISION MINING LTD. ANNOUNCES TESTING AGREEMENT
Next Article:ABRAXAS PETROLEUM ANNOUNCES INTENTION TO PURCHASE WEST TEXAS PROPERTIES FROM PEARSON-SIBERT OIL COMPANY OF TEXAS
Topics:


Related Articles
JCPENNEY REPORTS THIRD QUARTER RESULTS
JCPENNEY REPORTS SALES
JCPENNEY ANNOUNCES SALES FOR FIVE WEEKS ENDED JULY 4, 1992
JCPENNEY SALES UP 15.4
JCPENNEY SALES UP 8.5 PERCENT
JCPENNEY SALES UP 10.3 PERCENT IN DECEMBER
JCPENNEY SALES RISE IN JANUARY
JCPENNEY SALES RISE IN JANUARY
JCPENNEY SALES UP 2.5 PERCENT IN MAY
JCPENNEY SALES UP 13.7 PERCENT IN NOVEMBER

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters