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Why Is Department Store Chain Macy's Stock Sliding Today?
Summary
Macy's updates its fiscal Q4 guidance, revealing strong growth in its First 50 stores and luxury segments, while non-First 50 locations underperformed. The company sees net sales near the lower end of $7.8 billion to $8.0 billion.
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Read Full ArticleArticle published on January 13, 2025 by benzinga