Macy’s Shares Slip Nearly 5 Percent Over Weak Sales Numbers

Reuters, New York Post: Business
Thu, 11/21/2019 - 8:59am

Macy’s cut its annual profit forecast for the second time this year on Thursday, as the department store operator blamed weak international tourism and sluggish mall traffic for the first drop in same-store sales in two years. Shares fell nearly 5 percent to $14.34 in premarket trading, as the company was the second major department...

Topics: macy shares percent weak sales department

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Macy’s Shares Slip Nearly 5 Percent Over Weak Sales Numbers

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