Historical Stock Price Data on JC Penney Company;
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Free Historical Stock Data on JC Penney Company
Stock Symbol: JCP
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Business Description
J. C. Penney Company, Inc., a holding company, is a retailer operating through its two wholly owned subsidiaries, J.C. Penney Corp., the 100 year-old department store chain, catalog and Internet business; and Eckerd Corp., the chain of 2,600 drugstores. The Company operates 1,075 JCPenney department stores, located in all 50 states, Puerto Rico and Mexico. In addition, the Company operates 54 Renner department stores in Brazil. The major portion of the Company's business consists of providing merchandise and services to consumers through department stores, catalog departments and its Internet Website, JCPenney.com. The Company markets predominantly family apparel, jewelry, shoes, accessories and home furnishings. Through its subsidiary, Eckerd Corporation, the Company operates a chain of 2,641 drugstores located throughout the Southeast, Sunbelt and Northeast regions of the United States.
Financial Information
JCP, a holding company, provides merchandise and services to consumers through department stores, catalogs, and the Internet. JCP also owns and operates drugstores through its subsidiary, Eckerd Corp. For the 26 weeks ended 7/27/02, revenues rose 1% to $14.93 billion. Net income from continuing operations and applicable to Common totaled $66 million, vs. a loss of $28 million. Results reflect increased sales at Eckerd, improved gross margins, and expense management initiatives.