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Macy’s Reports Earnings Today. Here’s What to Expect.
Macy’s (ticker: M) reported an in-line fiscal first quarter in July, but the company warned that Covid-19 cases were keeping consumers at home, especially in hard-hit states. It isn’t alone in dealing with lower traffic, but the coronavirus crisis has hit department stores especially hard. Macy’s stock is down 59% year to date, while the S&P 500 is up 8%.
https://finance.yahoo.com/m/9432917...b1373c/macy’s-reports-earnings.html?.tsrc=rss
Macy’s (ticker: M) reported an in-line fiscal first quarter in July, but the company warned that Covid-19 cases were keeping consumers at home, especially in hard-hit states. It isn’t alone in dealing with lower traffic, but the coronavirus crisis has hit department stores especially hard. Macy’s stock is down 59% year to date, while the S&P 500 is up 8%.
https://finance.yahoo.com/m/9432917...b1373c/macy’s-reports-earnings.html?.tsrc=rss
