Macy’s 3q14 Revenues Disappoint, But Earnings Beat Estimates – Yahoo Finance


What’s in a name? Macy’s Inc. (M) asks California court to decide – Story

The company also lowered its guidance for same-store sales, excluding sales from third-party licensed departments, to increase between 0.7% and 1% in fiscal 2014 compared to the prior guidance of 1.5% to 2%. Performance of peers Macys rival Nordstrom had an impressive third-quarter performance. Its adjusted EPS increased by 5.8% to $0.73, and revenues surged by 8.9% to $3.1 billion. Sears Holdings Corp. (SHLD) disappointed with a 12.9% decline in revenues and a 1.2% fall in adjusted EPS.J.C. Penney Company, Inc.
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(M) asks California court to decide Retail banners gone but not forgotten 4:06 AM, Feb 12, 2015 Retro Stores web site led to Macy’s lawsuit Copyright 2015 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Retro Stores web site aims to bring back Federated Department Stores banners Copyright 2015 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Show Caption CINCINNATI – “Marshall Fields”?
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Will international markets lure Macy’s to other countries? – Yahoo Finance

The Consumer Discretionary Select Sector SPDR Fund (XLY) is an ETF that has 1.03% holdings in Macys Inc. (M), 0.57% in Kohls Corporation (KSS), 0.50% in Nordstrom, Inc. (JWN) and 0.51% in Staples, Inc. (SPLS) as of January 30, 2015.
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The post Macy’s 3q14 Revenues Disappoint, But Earnings Beat Estimates – Yahoo Finance appeared first on Velvet Cigarette.

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