Macy's Profits, Sales Decline

This is a New York City news story, published by Yahoo Finance, that relates primarily to Macy news.

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cosmetics chain Bluemercury

Associated Press News

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Macy's offers a mixed outlook after reporting third quarter profit and sales declines

Summary

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85% Informative

Shares of Macy's Inc. , based in New York City , tumbled 9% before the opening bell.

Macy 's quarterly results were delayed after it discovered late last month that an employee intentionally hid as much as $154 million in expenses over several years .

Macy ’s stores had a 2.2% comparable sales decline.

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formal

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English

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