You are here

J.C. Penney Sales Up, Particularly Jewelry

J.C. Penney Sales Up, Particularly Jewelry

Jewelry sales helped buoy a better-than-expected set of J.C. Penney results, as the struggling department store announced that second quarter comps increased 6 percent.

Fine jewelry was singled out as a top-performing category in the second quarter (ended Aug. 2), along with women’s and men’s apparel and accessories and home.

This is the third consecutive quarter of comp growth for the retailer, and it said it expects mid-single-digit comp growth for the rest of the year.

Overall sales increased 5.2 percent to $2.8 billion. However, it still incurred a $172 million loss for the quarter.


Like this article? Stay up to date with the latest jewelry news

Subscribe to JCK News Daily

Register For

JCK Tucson

Wednesday, Feb. 3 - Sunday, Feb. 7, 2016

Register Today!
Subscribe now to

JCK News Daily

Receive the latest news directly to your inbox

Hopefully there's no conflict of interest in such an arrangement

When consumers are trained to expect "special treatment" in the form...

Informative blog post, but i think i name is missing here which i use...

Thanks for your comment, Cay! Funny enough, Ringly and Chronos both...

such a bad idea, not romantic, what woman wants to pluck her...