Comment on Target, Macy's Sales Below Estimates

Target, Macy's Sales Below Estimates

Target (TGT) and Macy’s (M) announced that June same store sales were below analyst estimates. Sales at Target increased by 2.1 percent, below expectations of a 2.8 percent gain. Macy’s reported a 1.2 percent increase in same-store sales, well below the estimate of 2.3 percent. Macy's blamed [...]

 

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