Printer Friendly

JCPENNEY ANNOUNCES SALES FOR FIVE WEEKS ENDED JULY 4, 1992

 JCPENNEY ANNOUNCES SALES FOR FIVE WEEKS ENDED JULY 4, 1992
 DALLAS, July 9 /PRNewswire/ -- Sales of JCPenney (NYSE: JCP) stores for the five weeks ended July 4, 1992, increased 12.2 percent to $1,107 million from $987 million in the 1991 period, the company announced today. On a comparable store basis, that is stores open at least a year, sales increased 11.2 percent.
 Commenting on June business, Chairman of the Board William R. Howell said that sales gains were above plan with consistent increases in stores throughout the country and in all merchandise divisions. Fueled by a very successful Father's Day event, strong results were registered for men's dress shirts, ties, and sportswear. Additional exceptional performers included women's sportswear, dresses, and cosmetics; children's apparel; and fashion home furnishings.
 For the 22 weeks ended July 4, 1992, sales of JCPenney stores were up 11.9 percent to $4,796 million from $4,287 million for the same period a year earlier. On a comparable store basis, sales increased 11.0 percent.
 JCPENNEY
 Sales Summary
 ($ in millions)
 Percent
 Period ended Increase (decrease)
 July 4, July 6, All Comparative
 5 weeks 1992 1991 units units
 JCPenney stores $ 1,107 $ 987 12.2 11.2
 Catalog 238 226 5.4
 Drug stores 126 108 16.4 11.9
 Total company $ 1,471 $ 1,321 11.4
 Percent
 Period ended Increase (decrease)
 July 4, July 6, All Comparative
 22 weeks 1992 1991 units units
 JCPenney stores $ 4,796 $ 4,287 11.9 11.0
 Catalog 1,148 1,131 1.6
 Drug stores 553 487 13.6 10.1
 Total Company $ 6,497 $ 5,905 10.0
 -0- 7/9/92
 /CONTACT: Duncan Muir of JCPenney, 214-591-1329/
 (JCP) CO: JCPenney ST: Texas IN: REA SU:


TS -- NY007 -- 7734 07/09/92 09:16 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:Jul 9, 1992
Words:301
Previous Article:RAYTHEON AWARDED CONTRACTS FOR MISSILE DEFENSE STUDIES
Next Article:JUNE DOMESTIC COMPARABLE STORE SALES ROSE 0.6 PERCENT AT WOOLWORTH CORPORATION
Topics:


Related Articles
JCPENNEY SALES RISE IN FEBRUARY
JCPENNEY REPORTS SALES
JCPENNEY SALES UP 12.9 PERCENT
JCPENNEY SALES UP 15.4
JCPENNEY SALES UP 8.5 PERCENT
JCPENNEY REPORTS MARCH SALES
JCPENNEY SALES UP 5.1 PERCENT IN JUNE
JCPENNEY STORE SALES REFLECT PROMOTIONAL SHIFT; CATALOG VOLUME RISES SHARPLY IN JULY
JCPENNEY SALES UP 3.7 PERCENT IN AUGUST
JCPENNEY SALES UP 5.3 PERCENT IN SEPTEMBER

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