Hot Profit Thaws Macy's Q4

Investor's Business Daily
February 2014
Investors Business Daily;2/26/2014, pA01
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.


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