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Macy's full-year profit, sales forecasts miss estimates

2015-02-24 20:41:33| Apparel - Topix.net

Macy's Inc reported a weaker-than-expected rise in sales in the holiday quarter and forecast full-year profit and revenue that missed analysts expectations as the owner of Bloomingdale's invests in new lower-priced and international stores. REUTERS: Macy's Inc reported a weaker-than-expected rise in sales in the holiday quarter and forecast full-year profit and revenue that missed analysts expectations as the owner of Bloomingdale's invests in new lower-priced and international stores.

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