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GatorTex

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Thursday, 02/26/2015 4:20:00 PM

Thursday, February 26, 2015 4:20:00 PM

Post# of 43522
JCPENNEY REPORTS $1.1 BILLION INCREASE IN EBITDA FOR FISCAL 2014

Same Store Sales Up 4.4 % in Fourth Quarter; 4.4% for Full Year

Gross margin improved 540 basis points for the fourth quarter and full year
SG&A savings of $121 million; 210 basis points improvement for the year
Positive free cash flow of $57 million for the year, a $2.8 billion improvement
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