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JC Penney’s Q3 Profit Plunges 78%, but Forecast Raised (JCP)

By Dividend.com Staff
November 13th, 2009

jc-penneys-q3-profit-plunges-78-but-forecast-raised-jcp

Department store operator J.C. Penney Company, Inc. (JCP) said Friday that its third quarter profit plunged 78% from last year, hurt by pension plan expenses, but the company raised its sales and profit forecasts.

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One Response to “JC Penney’s Q3 Profit Plunges 78%, but Forecast Raised (JCP)”

  1. Laughing Says:
    November 13th, 2009 at 9:54 am

    Any retail business that is making any profit at all in this economy is doing pretty darn well.

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