J. C. Penney Buries The Lede, Mutters Something About Great Q3 Same Store Sales And Margins
The title on this morning’s press release from J. C. Penney(JCP) reads “J. C. Penney Company, Inc. Announces Settlement of Class Action Lawsuit,” and, indeed it did. But hidden in the same press release, in the fourth paragraph the company comments on Q3 numbers. “While we are confident of our position, resolving this litigation removes any uncertainty and… Read More »