J. C. Penney Company, Inc. announced financial results for its fiscal third quarter ended Oct. 28, 2017. Total net sales decreased (1.8) % to $2.81 billion in the third quarter compared to $2.86 billion in the same period last year, primarily the result of the 139 stores closed this year through the end of the third quarter. Comparable sales increased 1.7 % for the third quarter, resulting in a positive two-year stack of 0.9 %. For the third quarter, the Company's net loss was ($128) million, or ($0.41) per share, compared to a net loss of ($67) million, or ($0.22) per share in the same period last year. This reduction was driven in large part by increased cost of goods sold, restructuring charges associated with the store closures and a charge related to settlement accounting on the Company's pension plan. Click Read More below for additional information.
In a reversal of the usual flow of things, GrillGirl.com founder Robyn Lindars has started a print magazine. Grill Girl is available at retailers and grocery stores nationwide, including Barnes & Noble, CVS and Walmart.
Lindars, who started offering outdoor grilling recipes in 2008, went into print to help “elevate everyone’s grilling game,” she states.
Each issue will feature over 25 recipes and advice on how to pick the right grill, grill the perfect steak, cook an entire meal on the grill and plank grill pizzas.