8 august 2014
Analysts expect Penney to post a loss of 17 cents on sales of $4.22 billion for the fourth quarter. They expect the company’s annual sales to fall by 23 percent, or nearly $4 billion key pendant necklace, to $13.3 billion for the latest year. Revenue at stores opened at least a year a measure of a retailer’s health are expected to drop 25 percent, in line with the third quarter, according to analyst polled by research firm FactSet..
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