main-img
Back to Home » February 2012 News » Penney reports 4Q loss dragged down by charges

Penney reports 4Q loss dragged down by charges

February 24, 2012

NEW YORK (AP) -- J.C. Penney Co. reported a loss of $87 million in the fourth-quarter, citing restructuring and management transition charges as well as the financial impact of preparing for its new pricing strategy....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_EARNS_PENNEY?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
Browse News