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Macy’s: Q3 Earnings Insights

Shares of Macy’s (NYSE:M) moved higher by 0.7% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 371.43% year over year to ($0.19), which beat the estimate of ($0.79).

Revenue of $3,990,000,000 decreased by 22.87% from the same period last year, which beat the estimate of $3,860,000,000.

Guidance

Earnings guidance hasn’t …

Full story available on Benzinga.com

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