Printer Friendly

JCPENNEY SALES RISE IN FEBRUARY

 JCPENNEY SALES RISE IN FEBRUARY
 DALLAS, March 5 /PRNewswire/ -- Sales of JCPenney (NYSE: JVP)


stores for the four weeks ended Feb. 29, l992, increased 11.3 percent to $715 million from $642 million in the previous year's period, the company announced today. On a comparable store basis, that is stores open at least a year, the increase amounted to 10.5 percent. Total company sales, including catalog and drug store sales, increased 9.0 percent.
 Commenting on February results, William R. Howell, chairman of the board, said that sales gains were consistent in stores throughout the country and in all merchandise divisions. The men's and women's divisions produced the largest increases while the home and children's contributed good results. Exceptional performers included cosmetics, dresses, men's and women's sportswear, and window coverings.
 JCPENNEY
 Sales Summary
 ($ in millions)
 Pct. incr.(decr.)
 Four weeks ended Feb. 29, Mar. 2, All Comparative
 4 weeks 1992 1991 Units Units
 JCPenney stores $ 715 $ 642 11.3 10.5
 Catalog 198 197 0.7
 Drug stores 101 91 10.3 6.2
 Total company $ 1,014 $ 930 9.0 8.6
 -0- 3/5/92
 /CONTACT: Duncan Muir of JCPenney, 214-591-1329/
 (JCP) CO: JCPenney ST: Texas IN: REA SU:


TS -- NY013 -- 5304 03/05/92 09:17 EST
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:Mar 5, 1992
Words:211
Previous Article:POLYGRAM SALES UP 20 PERCENT, PROFITS UP 25 PERCENT, IN 1991
Next Article:FAMILY DOLLAR REPORTS SALES FOR THE MONTH OF FEBRUARY, AND FOR THE SECOND QUARTER
Topics:


Related Articles
JCPENNEY'S NOVEMBER STORE SALES RISE 5.3 PERCENT
JCPENNEY SALES UP 9.8 PERCENT IN MAY
JCPENNEY SALES RISE IN FEBRUARY
JCPENNEY TOTAL COMPANY SALES RISE 6.2 PERCENT IN OCTOBER
JCPENNEY SALES RISE 6.8 PERCENT IN JULY; COMPARABLE STORE SALES GAIN AT 6.0 PERCENT; CATALOG ACHIEVES 6.6 PERCENT GAIN
JCPENNEY SALES RISE 3.5 PER CENT IN FEBRUARY; COMPARABLE STORE SALES GAIN AT 1.4 PER CENT
JCPenney Reports April Sales; Comparable Sales for Department Stores and Eckerd Drugstores up 5.7 Per Cent and 7.8 Per Cent
JCPenney Reports July Sales
JCPenney Reports February Sales
JCPenney Reports February Sales.

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