THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

JC Penney

November 6, 2009

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

Your article has been sent.

  • E-mail|
  • Print|
  • Reprints|
  • |
Text size +

Halloween 2009’s landing on a Saturday may have spooked shoppers: Penney said that sales at stores open at least a year fell 4.5 percent in October, hurt in part by Halloween. Still, it was a slightly better performance than the retailer expected, and Penney raised its third-quarter profit outlook. The company had forecast a decline of 5 to 8 percent. Total sales fell 3.5 percent to $1.31 billion from a year earlier. The company expects profit for the third quarter of 10 to 11 cents per share, up from a prior projection of 3 to 10 cents.