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Recent fiscal years for several wee-know companies are as follows: Company Fiscal Year Ending JC Penny January 27 Limited Brands, Inc January 27 Sears January

Recent fiscal years for several wee-know companies are as follows:

Company Fiscal Year

Ending JC Penny January 27

Limited Brands, Inc January 27

Sears January 27

Target Corp. January 27

The home Deport January 28

Tiffany & Co. January 30

What general characteristic shared by these companies explains why they do not have a fiscal years ending December 31?

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