Macy's Sees Q3 Adj EPS $(0.23)-$(0.19) vs $(0.06) Est; Sees Sales $4.650B-$4.700B vs $4.680B Est
Macy's (NYSE:M) is looking for Q3 Adj EPS of $(0.23)-$(0.19) vs $(0.06) analyst estimate. sees sales of $4.650 billion-$4.700 billion vs $4.680 billion analyst estimate.
Macy's says it will lose more money than people thought this quarter, and sales might be slightly lower too. When a big store chain expects bigger losses, it means shoppers are buying less right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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