Analysts: Macy’s Is Running Below Expectations and 3 Other Research Notes to Read Through

Macy’s (NYSE:M): Cleveland Research has stated that Macy’s sales and traffic are running below expectations due to a disappointing back-to-school season and an increased promotional environment. The firm also stated that third-quarter comparable sales at Macy’s will be up 0 percent to 2 percent versus consensus of a 2.9 percent increase.

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