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-0.0049586776859504 -0.00826446280991747 -0.0111460055096419 -0.00165289256198353 -0.0198347107438018 -0.00330578512396707 -0.0236914600550964 -0.0280991735537191
Stock impact report

Macy's stock pops as earnings beat low expectations, uncertainty clouds outlook [Yahoo! Finance]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Yahoo! Finance
Macy's ( M ) stock jumped 8% in premarket trading after the department store chain reported better-than-expected fourth quarter earnings results as it heads into the third year of its turnaround strategy. Adjusted earnings per share for the holiday quarter came in at $1.84, above the $1.54 per share that Wall Street estimated, according to Bloomberg data. Revenue came in at $7.6 billion, higher than the $7.5 billion the Street was looking for. Overall, same-store sales increased 1.8%, compared with the 0.12% decline analysts had forecast. Comparable sales grew by 2% for the stores that Macy's plans to keep open — those it invested in with new merchandise and more staff. NYSE - Nasdaq Real Time Price • USD Macy's, Inc. (M) Follow View Quote Details At close: March 17 at 4:00:03 PM EDT Pre-Market: 8:40:47 AM EDT M ^GSPC Advanced Chart Same-store sales for its luxury business, Bloomingdale's, grew nearly 10% during the quarter, which CEO Tony Spring said “und Show less Read more
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