By  on November 15, 2018

J.C. Penney Co. Inc. posted another poor quarter, ratcheting up pressure on the struggling department store chain to show improvement over the crucial holiday period.

The company’s net loss was $151 million, or 48 cents per share, for the third quarter ended Nov. 3, compared to a net loss of $125 million, or 40 cents per share, in the same period last year. The adjusted net loss was $164 million, or 52 cents per share, for the third quarter compared to an adjusted net loss of $108 million, or 35 cents per share, in the year-ago period.

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