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Thursday, 07/02/2020 10:35:48 AM

Thursday, July 02, 2020 10:35:48 AM

Post# of 43522
"But Sussberg indicated he believed Penney’s performance so far, and its cash on hand, would help the retailer weather the changing scenario. The company has “significant cash on hand” of roughly $980 million, and is running roughly $100 million ahead of its projected budget, he said."

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