YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Macy's has cut its full-year forecast amid a sales slump.
The company now expects fiscal 2022 adjusted earnings of $4 to $4.20 per share. That's down from a previous forecast of $4.53 to $4.95 per share.
In the second quarter, comparable store sales dropped by 1.5%.
Read more from Reuters.
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