Macy’s (M) shareholders recently rejoiced over the retailer’s rather underwhelming results, which found Macy’s beating on the bottom line and narrowly missing on the top line. Macy’s beat the average analyst EPS estimate by $.04 a share, reporting $.23 per share in earnings. The company missed top-line results by roughly $30mm, which was a net sales decline of 6.2% year-over-year….
Macy’s Q3 2017 Performance Was “Iffy”: Management Remains Positive On Outlook
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