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.


Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

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