J. C. Penney Company Reports June Comparable Store Sales +2%

J. C. Penney Company, Inc. JCP reported today that its comparable store sales for the five-week period ended July 2, 2011, increased 2.0 percent over the same period last year. Overall, fine jewelry was the top performing division in June, with women's apparel also delivering strong results. The Company also noted that its men's apparel businesses reported solid sales increases during the Father's Day appointment shopping period, on top of a very strong performance during the same period last year.