Macy's Same-Store Sales Rise, Affirms Full-Year Ou…

Macy’s Inc. posted stronger-than-expected growth in a key sales metric in the latest period as the retailer said it benefited from more customers making purchases through digital channels.

Sales at stores open at least a year grew 0.6% for the period ended May 4, above the FactSet estimate of a 0.6% decrease. Including licensed departments, same-store sales rose 0.7%.

Read more Finance News or read the source

This content was imported with an automated system, without human intervention.
You can report the removal of content by first reading our Legal Disclaimer