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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Topics:  macy   retail   retailer   sales   target   
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