More Bad News from Macy’s, but Maybe a Good Sign?

Macy’s (NYSE: M) had a lousy third quarter, but the company says it sees better days ahead. The struggling department store chain reported earnings per share of $0.17, down from $0.36 in Q3 2015. Sales came in at $5.6 billion, a drop of 4.2%, compared with sales of $5.874 billion in the same period last year. …read more

Read more here: More Bad News from Macy’s, but Maybe a Good Sign?

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