The Traderszone Network

Published in TZ Latest News 31 August, 2017 by The TZ Newswire Staff

Investors Are Still Overlooking Macy’s Real Estate Potential

After an extremely weak first quarter, Macy’s (NYSE: M) began to steady its sales and earnings performance in the second quarter of fiscal 2017. Adjusted comparable store sales fell 2.5% in the period. While that’s hardly cause for celebration, it was a big improvement relative to the 4.6% decline that Macy’s logged in Q1.

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