TITLE

Hot Profit Thaws Macy's Q4

AUTHOR(S)
Investor's Business Daily
PUB. DATE
February 2014
SOURCE
Investors Business Daily;2/26/2014, pA01
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
9 Despite Jan. weather that froze Macy's Q4 sales at $9.2 bil, off 1.6%, EPS jumped 13% to $2.31, while analysts expected $2.17. The Q4 ended Feb. 1 had one fewer week than last year, but comp sales rose 1.4%. Nov.-Dec. comps rose 4.3%. Shares rose 6% to a record 56.25.
ACCESSION #
94641579

 

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