(Reuters) - Macy's, formerly known as Federated Department Stores, had forecast May same-store sales to be flat to down 2 percent. Analysts were expecting a fall of 1.5 percent, according to a Reuters poll.
Cincinnati, Ohio-based Macy's, which also operates Bloomingdale's, said total sales were $1.98 billion for the four weeks ended June 2, down 2.3 percent from the year-ago period.
Read more at Reuters.com Market News
Cincinnati, Ohio-based Macy's, which also operates Bloomingdale's, said total sales were $1.98 billion for the four weeks ended June 2, down 2.3 percent from the year-ago period.
Read more at Reuters.com Market News
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