Macy's same-store sales growth trounces analyst estimates, shares jump

NEW YORK (Reuters) – Macy’s Inc on Tuesday reported higher-than-expected same-store sales growth for the fourth quarter, fueled by higher holiday sales and a marketing and loyalty program overhaul, sending shares surging in premarket trading.

Source: Reuters

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>