J. C. Penney Company, Inc. reported that its comparable store sales for the five-week period ended Jan. 1, 2011, increased 3.7% over last year with fine jewelry and women's accessories reporting the strongest results. Geographically, the best performing regions were the southeast and northeast regions. Total company sales in December increased 2.3%.
December Sales Summary
Total Company Sales |
% Increase/(Decrease) |
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for period ended |
Total Sales |
Comp Stores |
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Jan. 01, |
Jan. 02, |
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2011 |
2010 |
2010 |
2009 |
2010 |
2009 |
||||||||||||||
5 Weeks |
$ 2,955 |
$ 2,889 |
2.3 |
(2.4) |
3.7 |
(3.8) |
|||||||||||||
9 Weeks |
$ 4,800 |
$ 4,610 |
4.1 |
(3.5) |
5.7 |
(4.5) |
|||||||||||||
48 Weeks |
$ 16,855 |
$ 16,616 |
1.4 |
(5.1) |
2.7 |
(6.5) |
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