CNNMoney |
JC Penney stock soars on sales jump
CNNMoney The stock surged more than 20% after the struggling retailer reported its sales rose to .8 billion from .64 billion during the same quarter last year. Same-store sales increased 6.2% from the previous quarter, exceeding the company's own guidance. JC Penney Beats Expectations as Sales Improve JC Penney Shares Surge on Better-Than-Estimated Results Penney's sales top expectations, shares jump |