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JCPENNEY SALES UP 5.1 PERCENT IN JUNE

 PLANO, Texas, July 8 /PRNewswire/ -- Sales of JCPenney stores for the five weeks ended July 3, 1993, increased 5.1 percent to $1,163 million from $1,107 million in the 1992 period. On a comparable store basis, that is stores open at least a year, sales increased 4.5 percent.
 Commenting on June business, Chairman of the Board William R. Howell said apparel sales continued to meet expectations, led by gains in women's and men's sportswear. Infants' apparel and furniture sales also registered good results. He noted that catalog demand strengthened appreciably during the last week of the month. Shoppers responded favorably to merchandise offerings in the JCPenney Fall and Winter 1993 catalog which was activated during the month.
 For the 22 weeks ended July 3, 1993, sales of JCPenney stores were up 4.1 percent to $4,992 million from $4,796 million for the same period a year earlier. On a comparable store basis, sales increased 3.5 percent.
 JCPENNEY
 Sales Summary
 ($ in millions)
 Percent
 Increase (Decrease)
 Five weeks ended 7/3/93 7/4/92 All Comparative
 units units
 JCPenney stores $ 1,163 $ 1,107 5.1 4.5
 Catalog 251 238 5.7
 Drug stores 130 126 3.2 4.3
 Total Company $ 1,544 $ 1,471 5.0
 Percent
 Increase (Decrease)
 22 weeks ended 7/3/93 7/4/92 All Comparative
 units units
 JCPenney stores $ 4,992 $ 4,796 4.1 3.5
 Catalog 1,175 1,148 2.3
 Drug stores 589 553 6.6 5.8
 Total Company $ 6,756 $ 6,497 4.0
 -0- 7/8/93
 /CONTACT: Duncan Muir for JCPenney, 214-431-1329/
 (JCP)


CO: J.C. Penney Company, Inc. ST: Texas IN: REA SU:

LR -- NY017 -- 9381 07/08/93 09:28 EDT
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Publication:PR Newswire
Date:Jul 8, 1993
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