J.C. Penney's Q3 online sales up 27 percent

Share this content:

J. C. Penney Company Inc. reported net sales for the third quarter ending Oct. 28 totaled $4.781 billion - a 6.7 percent increase. Store sales rose 5.2 percent during the same period while direct sales increased 5.3 percent. Sales from its Web site at www.jcp.com increased approximately 27 percent.

The Plano, TX-based multichannel merchant's third-quarter earnings per share from continuing operations increased 34 percent to $1.26 from $0.94 last year.

For the year-to-date period, net sales totaled $13.239 billion, a 5.3 percent gain over last year. Comparable sales during the same period rose 4.4 percent while direct sales increased 4 percent.

close

Next Article in Multichannel Marketing

Sign up to our newsletters



Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above