For the first 2 months of the quarter, J.C. Penney's (JCP -12.2%) April quarter same-store sales...


For the first 2 months of the quarter, J.C. Penney's (JCP -12.2%) April quarter same-store sales were down over 10% Y/Y, sources tell the WSJ. That figure helps provide a backdrop to yesterday's big news. For reference, the Street has been expecting a 10% Y/Y drop in total sales for the quarter. (more on JCP)

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Comments (3)
  • rasanders22
    , contributor
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    JCP ceo has also been fired.
    9 Apr 2013, 06:17 PM Reply Like
  • Austin Wentzlaff
    , contributor
    Comments (84) | Send Message
     
    Ackman is doing so well with JCP he must be right about HLF......................
    9 Apr 2013, 11:07 PM Reply Like
  • Continental Kid
    , contributor
    Comments (239) | Send Message
     
    Ackman is going out on a stretcher...Icahn will make sure of it
    9 Apr 2013, 11:19 PM Reply Like
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